Tag: Ritchie Bros

Ritchie Bros. Acquires Kramer Auctions

Ritchie Bros. Auctioneers announced Tuesday that it has acquired Kramer Auctions — one of Canada’s longest-running and leading agricultural auction companies. Headquartered in North Battleford, Kramer has been operating in Western Canada for 67 years — three generations of the Kramer family, offering on-farm and on-site live auctions for equipment, livestock and agricultural real estate. “We… Read more »

US Ag Slowdown Making Late Model Equipment Harder to Find

Tight profit margins are leading many farms to hang on to equipment longer before trading it in. The major manufacturers have also slowed down production significantly, coinciding with the drop in demand for new iron. And all of this means there’s less late model machinery hitting the market. “It’s getting really hard to find a… Read more »

Ritchie Bros Sells More Than CA$1 billion of Canadian Equipment in 2012

The world of machinery is really getting smaller.  Ritchie Bros announced today that they sold more than one billion dollars worth of machinery in Canada in 2012.  This is a new company record according to the company. Follow @RitchieBros on Twitter The Tweet From Ritchie Bros NEWS RELEASE: We sold more than CA$1 billion of… Read more »