Ritchie Bros to acquire Euro Auctions for $1.08bn ...United Arab Emirates

Global machinery and equipment auctioneer Ritchie Bros. has announced the acquisition of Euro Auctions for $1,08b, in a move that will expand and consolidate its reach in the Europe, Middle East and Asia (EMEA) region. Announcing the acquisition, Ritchie Bros said that it will be retaining Euro Auctions’ employees and its brand, both of which are highly regarded in the EMEA region. This will expand Ritchie Bros.’ overall footprint and access to equipment, while also tapping into new revenue streams with service offerings to Euro Auctions customers, including inventory management services, data solutions, financing, warranty, insurance, inspections, refurbishing, shipping, and more. Founded i

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Last updated : 10 August 2021 clock 09:30 AM

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Ritchie Bros to acquire Euro Auctions for $1.08bn ...United Arab Emirates

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