12:54:13 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



RB Global Inc
Symbol RBA
Shares Issued 182,162,754
Close 2023-10-30 C$ 87.95
Market Cap C$ 16,021,214,214
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RB Global's Ritchie to hold Orlando auction in February

2023-10-30 16:27 ET - News Release

Mr. Jeff Jeter reports

RITCHIE BROS. ANNOUNCES DATES FOR FEBRUARY 2024 ORLANDO, FL EVENT

RB Global Inc.'s Ritchie Bros. Auctioneers will host its premier global auction event in Orlando, Fla., from Feb. 19 to 23, 2024. Known for its size, selection and premier customer experience, this annual event typically attracts consignors and bidders from all over the world and generates hundreds of millions of dollars for consignors each year. Consignors have their choice of flexible selling options whether their inventory is listed virtually or on site at the more than 200-acre facility.

"Our February Orlando auction has become one of the most exciting events in the equipment industry, not only for local buyers and sellers but also across the North American and international markets," said Jeff Jeter, chief revenue officer for RB Global. "Last year, we helped connect consignors and buyers from over 80 countries, using technology that expands the available market and creates efficiencies for our on-line and on-site customers."

Bidding for the February, 2024, Orlando auction will be available on-line and in-person, with a live auctioneer and bid catchers on site. Customers will also be able to explore Ritchie Bros.' core products and services on site in Orlando, as well as a variety of other value-added services and solutions.

"We are excited to welcome customers to Orlando again for this premier event that really is much more than an auction," Mr. Jeter said. "The 2023 event proved wildly successful, with millions of page views and more than 13,300 items sold from more than 1,100 consignors. Over 22,600 bidders drove up competition, resulting in $244-million (U.S.) in gross transaction value. We look forward to seeing what the 2024 event brings."

For more information about the February 2024 Orlando auction, including details about consignments, visit the Ritchie Bros. Auctioneers website.

About RB Global Inc.

RB Global is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its auction sites in 14 countries and digital platform, RB Global serves customers in more than 170 countries across a variety of asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. The company's marketplace brands include Ritchie Bros., the world's largest auctioneer of commercial assets and vehicles offering on-line bidding, and IAA, a leading global digital marketplace connecting vehicle buyers and sellers. RB Global's portfolio of brands also includes Rouse Services, which provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers' management of the equipment life cycle and integrates parts procurement with both original equipment manufacturers and dealers; Xcira, a leader in live simulcast auction technologies; and VeriTread, an on-line marketplace for heavy haul transport.

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