ECA Review


Ritchie Bros

Ritchie Bros. is the world's largest industrial auctioneer. From humble beginnings we've grown to serve equipment buyers and sellers all over the world. How? By staying focused on great customer service and our commitment to unreserved public auctions.

What we do

We conduct live, unreserved public auctions with both on-site and online bidding, selling a wide range of used and unused equipment for:

  • Construction
  • Mining
  • Transportation
  • Agriculture
  • Oil & gas
  • Lifting & material handling
  • Forestry & other industries

How we do it

Every Ritchie Bros. auction is unreserved. That means there are no minimum bids or reserve prices; every item is sold to the highest bidder on auction day. And we forbid owners from bidding on their own items. That means there's no artificial price manipulation at our auctions – buyers set the prices, not sellers.