At its second Houston auction of the year, Ritchie Bros. sold more than 4,400 equipment items over two days for US$47+ million.
More than 6,350 people registered to bid in the April 16 – 17 auction, including 4,900+ registering to participate online. U.S. buyers purchased approximately 89 percent of the equipment, including 46 percent purchased by Texas buyers, while international buyers from such countries as Australia, India, and the United Kingdom purchased 11 percent of the equipment. Online buyers purchased 62 percent of the assets.
“We continue to see record attendance at our Texas events this year with another great crowd this week in Houston—up 33 percent year over year,” said Alan McVicker, Regional Sales Manager, Ritchie Bros. “Bidders were very active, competing on a great selection of equipment consigned from more than 650 owners. For those buyers unable to get what they needed in Houston we have an online IronPlanet auction today (Thursday, April 18) with close to 1,000 items available.”
Equipment highlights in the April Houston auction included 320+ truck tractors, 325+ trailers, 120+ excavators, 110+ compactors, 50+ skid steers, 45 dozers, 45 cranes, 160 aerial work platforms and more. All items were sold without minimum bids or reserve prices.