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Ritchie Bros. sold more than 4,980 equipment items for 675 consignors, generating more than $54 million in gross transaction value, at its fourth Houston auction of the year.
“Another strong Houston auction with a ton of customers visiting the site ahead of the event to inspect and compare items prior to bidding online,” Chuck Roberson, regional sales manager for Ritchie Bros., said. “We had a great package of late-model Cat equipment in this auction that attracted a lot of attention and some solid pricing, including a 2019 Caterpillar 349FL hydraulic excavator that sold for $260,000 and a 2021 Cat 950GC wheel loader that sold for $200,000.”
The three-day online event was held from Aug. 23 to Aug. 25 and attracted more than 11,290 bidders from 53 countries. Approximately 89% of the equipment in the unreserved auction was sold to U.S. buyers, including 47% sold to Texans. The remaining 11% of the equipment was sold to international buyers from countries such as Germany, Australia and Singapore.
“For customers who were unable to procure items in Houston, we have more than 70,000+ items selling in our upcoming auctions and online marketplaces, including a Fort Worth sale on Sept. 20 to 22 that will feature a great selection of oil and gas-related equipment, with a dedicated RB Energy Day during the event,” Roberson said. “We also have items selling every day on Marketplace-E and weekly through IronPlanet. I encourage you to visit RitchieBros.com and start searching today!”
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Terry Mulreany Subscriptions: 800 708 9373 x130 terry.mulreany@monitordaily.com Susie Angelucci Advertising: 484.459.3016 susie.angelucci@monitordaily.com
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