Ritchie Bros. Auctioneers (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 industrial assets. Founded in 1958, the company operates through multiple channels, including live unreserved public auctions, online timed auctions, and a digital marketplace (Marketplace-E). With the acquisition of IAA, Inc. in 2023, Ritchie Bros. expanded its capabilities into the salvage and lightly damaged vehicle auction sector. They serve a broad range of industries, including construction, transportation, agriculture, energy, mining, and forestry, connecting buyers and sellers worldwide.
The Burnaby headquarters serves as the central hub for global strategy, corporate governance, finance, technology development, and administrative functions for Ritchie Bros. worldwide operations.
The headquarters is a modern office complex designed to support a collaborative work environment. It's strategically located in a business park with good transportation links.
The work culture at Ritchie Bros. HQ is generally described as dynamic, customer-focused, and innovative, reflecting its position as a leader in a fast-paced global industry. There's an emphasis on teamwork and adapting to market changes.
The headquarters' location in Greater Vancouver provides access to a diverse talent pool and international business connections, crucial for a company with global reach. It oversees operations across numerous countries and auction sites.
Ritchie Bros. operates globally with a network of over 40 permanent auction sites and offices in North America, Europe, the Middle East, Asia, and Australia. Their global functions include live and online auction operations, equipment inspections and valuations, financing and leasing solutions (Ritchie Bros. Financial Services), logistics and shipping coordination, marketing, sales, customer support, and technology platforms that enable worldwide bidding and transactions.
9500 Glenlyon Parkway
Burnaby
British Columbia
Canada
Address: 4000 S. 6th Street, Lincoln, NE 68502, USA
Serves as a key auction and logistics center for the American Midwest, facilitating large-scale equipment remarketing and providing comprehensive services to buyers and sellers in the region.
Address: Middenweg 13, 4782 PM Moerdijk, Netherlands
Acts as a gateway for equipment trade across Europe, the Middle East, and Africa, leveraging its location for efficient logistics and access to diverse international markets.
Address: 15000 Hwy 114, Roanoke, TX 76262, USA
Facilitates the buying and selling of a large volume of heavy equipment and trucks for the economically vibrant South-Central U.S. region.
Address: Two Westbrook Corporate Center, Westchester, IL 60154, USA
Supports the strategic and operational needs of the salvage vehicle marketplace, a key growth area for Ritchie Bros.
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As of April 2025, Ritchie Bros.' leadership includes:
Ritchie Bros. has been backed by several prominent investors over the years, including:
Following the major acquisition of IAA, Inc. in March 2023, Ritchie Bros. focused on integrating leadership and optimizing its executive structure. Key changes included the appointment of a new CFO and solidification of roles within the combined entity.
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Ritchie Bros. Auctioneers commonly uses the email format consisting of the employee's first initial followed by their last name, at the rbauction.com domain. For example, if an employee's name is Jane Doe, her email address would likely be jdoe@rbauction.com. Variations might exist for common names or specific departments.
[first_initial][last_name]@rbauction.com
Format
jdoe@rbauction.com
Example
80%
Success rate
Cision PR Newswire • May 10, 2024
Ritchie Bros. hosted a major auction in Edmonton, Alberta, generating over CA$83 million (US$61+ million) in gross transaction value. The May 7-9 event featured over 6,100 items sold to bidders from 40+ countries, highlighting strong demand for construction and transportation equipment....more
Business Wire • May 7, 2024
Ritchie Bros. reported its financial results for the first quarter ended March 31, 2024. The company highlighted total revenue of $579.9 million and Net income of $30.7 million. Gross Transaction Value (GTV) was $3.6 billion, with continued progress on the integration of IAA....more
Ritchie Bros. Investor Relations • March 20, 2023
Ritchie Bros. announced the successful completion of its acquisition of IAA, Inc., a leading global digital marketplace connecting vehicle buyers and sellers. This strategic move significantly expands Ritchie Bros.'s capabilities in the salvage and lightly damaged vehicle auction sector....more
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