Ritchie Bros. held its 15th and largest-ever auction in the UK on July 14, 2015, selling multi-million pounds sterling worth of equipment at its site in Donington Park. The unreserved public auction also set new site records for number of items sold (1,600+), bidders (900+) and sellers (120+). All items in the auction were sold without minimum bids or reserve prices. Bids were placed in person at the Donington Park auction site, live online via rbauction.com and by proxy.
“The quality and selection of equipment in this week’s Donington Park auction helped us attract bidders from 50 countries,” said Rupert Craven, Sales Director (UK & Ireland), Ritchie Bros. Auctioneers. “With record attendance for this auction, we experienced competitive bidding both onsite and online. It’s encouraging to see that even with the strong pound our UK auctions continue to attract competitive bidders from across Europe and the rest of the world.”
Approximately 50% of the equipment in the Donington Park auction was sold to buyers outside the UK. Online buyers purchased 40% of the equipment.
The record-setting selection of equipment included 245+ excavators, 145+ compactors, 105+ telescopic forklifts, 55 scissor lifts, 35+ boom lifts, 30+ wheel loaders, 30+ farm tractors, and much more. Equipment was sold via a live auction ramp—with mobile equipment being driven in front of a crowd of bidders, virtual ramp—where stationary items are sold by photo, or timed auction—where smaller items are sold only online, with no auctioneer.
Ritchie Bros.’ next auction in Donington Park will be held this autumn, with further sales scheduled for 2015. See details of 70+ upcoming Ritchie Bros. auctions at rbauction.co.uk.