Ritchie Bros. announces Florida February auction dates

Company's premier global auction to be held in Orlando on February 16 – 20, 2015

ORLANDO, FL, Oct. 24, 2014 /CNW/ - Ritchie Bros. Auctioneers (NYSE andTSX: RBA), the world's largest industrial auctioneer, today announced its premier global auction will be held in Orlando, Florida on February 16 – 20, 2015. As always, the auction will be open to the public and all items will be sold unreserved. Equipment consignments are now being accepted for the February mega-auction; contact the Orlando site directly and ensure your equipment will have a spot in the sale.

"Our February Orlando auction is one of the most anticipated global equipment events of the year, attracting thousands of enthusiastic bidders from all around the world," said Steve Kriebel, Regional Sales Manager, Ritchie Bros. Auctioneers. "Our 2014 February auction attracted more than 8,600 registered bidders from 84 countries and all 50 U.S. states. At this auction each year we see visitors on site from South America, Canada, Europe and the Middle East, as well as thousands more participating around the world online."

The 2014 Orlando February auction featured more than 8,800 equipment items and trucks from 830+ sellers; generating more than US$166 million in gross auction proceeds, including US$54 million sold online.

This week Ritchie Bros. held its fourth and final Orlando auction of 2014 on October 23. The multi-million dollar auction attracted more than 1,900 bidders from 60+ countries, including 49 U.S. states. More than 1,400 equipment items were sold in the one-day auction, including 55 excavators, 35+ wheel loaders, 30+ truck tractors,  25+ crawler tractors and more. Online bidders purchased 42 percent of the equipment sold.

If you are interested in selling your equipment and/or trucks in the February 2015 Orlando auction please contact the auction site directly at +1.863.420.9919 or visit rbauction.com/Orlando for auction details and inventory updates.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE andTSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. ^TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne^TM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.

ATTENTION MEDIA:
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SOURCE: Ritchie Bros. Auctioneers

Kim Schulz, Manager, Corporate Communications and Events, Ritchie Bros. Auctioneers, Phone: [phone] | Email: [email protected]; Or Steve Kriebel, Regional Sales Manager, Ritchie Bros. Auctioneers, Orlando permanent auction site phone: [phone]