Ritchie Bros. operates a global marketplace for buying and selling used heavy equipment, trucks and industrial assets. Founded in 1958 by three brothers in Kelowna, British Columbia, the company pioneered the unreserved auction model, which has since become an industry standard. It is now publicly traded on the NYSE and TSX under ticker RBA and serves customers across more than 170 countries from auction sites in 13 countries.
The company's transaction solutions portfolio includes RB Auction, IronPlanet, Marketplace-E, GovPlanet, SalvageSale and IAA. These platforms connect local sellers to global buyers across multiple sectors including construction, transportation, agriculture, energy, mining and government. Ritchie Bros. operates as part of RB Global, with global headquarters in Westchester, Illinois.
Beyond auction services, Ritchie Bros. provides market insights, valuation tools, equipment refurbishing, logistics support and financing through its dedicated financial services arm. The company positions itself as the world's largest and most trusted marketplace in its category, leveraging its digital platform and extensive physical footprint to facilitate transactions across a diverse range of industrial assets.
