ORLANDO, FL (October 24, 2019) – There are big auctions, and then there's Ritchie Bros.' Orlando auction. Known for its size, selection, and premier service, Ritchie Bros.' annual February Orlando event attracts more than a million people online and thousands onsite each year. The February 2019 event featured 13,000+ items selling for US$297+ million—it was Ritchie Bros.' largest auction ever.

"We've been holding auctions in Florida since 1984, and we challenge ourselves to improve every year," said Jake Lawson, Senior Vice President, Ritchie Bros. "Our facilities and services are unmatched in the industry. In six days, we will sell more than 200 acres of equipment. From Florida, that equipment will travel to jobs across the U.S., Canada, and Mexico, as well as overseas to Europe, the Middle East, and Asia. This is not just a Florida or U.S. auction—this will be the premier global auction of 2020."    

One of the big first consignments to the February 17 – 22, 2020 Orlando auction is a brand new, gold-painted Volvo EC200E excavator to celebrate the 10th season of Discovery Channel's Gold Rush TV show. Volvo has designated that proceeds from the sale of this excavator in Orlando benefit Habitat for Humanity and Building Homes for Heroes. To learn more about Volvo's golden excavator, visit rbauction.com/blog.

Companies and individuals looking to sell equipment and trucks in the February 2020 Orlando auction should contact their local sales representative or contact the Orlando site directly at +1.855.679.8870. Various consignment options are available, including a virtual sales option for large consignments—equipment is stored offsite and sold by picture live at the Orlando event. For more information, visit rbauction.com/Orlando.

About Ritchie Bros.:

Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance(R) equipment condition certification; Marketplace-E , a controlled marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company's suite of multichannel sales solutions also includes RB Asset Solutions, a complete end-to-end asset management and disposition system. Ritchie Bros. also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy , plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.

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For more information, please contact:
Ian Malinski
Corporate Communications Lead
+1.778.331.5432
CorpComm@rbauction.com