Ritchie Bros Moerdijk unreserved public auction
Published December 3rd, 2007
Ritchie Bros. attracted more than 1,200 registered bidders from 63 countries to the unreserved public auction at its permanent auction site in Moerdijk, the Netherlands, on November 28, 29 & 30, 2007. Close to 3,700 used and unused equipment items for the construction, transportation, agricultural and other industries were sold in the auction, generating gross auction proceeds of (euro)42 million (US$62 million). More than 2,600 lots, representing 85 per cent of the total gross auction proceeds, were sold to out-of-country bidders.
Interested buyers had four different bidding options: in person at the Moerdijk auction site; by proxy bid; live and in real time over the internet using the Ritchie Bros. online bidding service, rbauctionBid-Live; or in person at a live auction simulcast at the Company’s Dubai auction site. In addition, on Day Two of the auction, onsite bidders in Moerdijk were able to bid live and in person on over 250 items being sold in the Company’s Milton Keynes (U.K.) auction. Almost 40 per cent of the equipment in the Milton Keynes auction was sold to onsite bidders in Moerdijk.
“This was one of our biggest European auctions ever, and we were pleased to give our customers around the world so many different ways of participating,†said Ralf Harders, Ritchie Bros. Regional Manager. “We had people from more than 60 countries bidding on site and online, helping our consignors achieve global fair market value for their surplus equipment. For example, an onsite bidder from Romania purchased a number of wheel loaders, an internet bidder from Australia purchased a motor grader, and an onsite bidder from the U.K. purchased a 2007 articulated dump truck.â€
