Ritchie Bros. to sell more than 250 RVs in its largest Montreal, QC auction ever

The massive two-day auction on May 21 - 22 features 3,650+ equipment items & trucks from 650+ owners

MONTREAL, May 20, 2014 /CNW/ - Ritchie Bros. Auctioneers (NYSE andTSX: RBA), the world's largest industrial auctioneer, will sell more than 250 motor homes and travel trailers at its largest ever unreserved public auction to be held in Montreal, QC this week (May 21 - 22, 2014). In total, the two-day auction features 3,650+ equipment items and trucks, including 145+ excavators, 125+ truck tractors, 115+ pickup trucks, 85+ compactors, 70+ loaders, 60+ dump trucks, 30+ crawler tractors, 25+ motor graders, 25+ agricultural tractors and more. Bids can be made in the auction in person at the auction site, live online at www.rbauction.com and by proxy.

"This is the most equipment we've ever sold in a Quebec auction, with a record-number of RVs as well," said Jessy Cantin, Regional Sales Manager, Ritchie Bros. Auctioneers. "As with every Ritchie Bros. auction, every single item will be sold on auction day without minimum bids or reserve prices—the bidders set the prices, not us, nor the sellers. The auction is open to the public and it's free to register. We welcome interested buyers to come visit the site today or any day leading up to the auction to check out all the equipment, trucks and RVs first hand."

Recreational vehicle highlights include 200+ travel trailers (85+ of which are unused, including a 2013 Dutchmen Kodiak 31 ft T/A travel trailer & a 2012 Dutchmen Komfort 33 ft T/A fifth wheel travel trailer) and 50 motor homes (including a 2007 Forest River Charleston 4100 Class A 41 Ft S/A motor home). Specific heavy equipment and truck highlights include:

• Six 2013 Hitachi ZX290LC-5N hydraulic excavators
• Three 2013 Peterbilt 382 T/A T/A dump trucks
• Two 2012 Volvo L150G wheel loaders
• Two 2014 Kenworth T800 T/A T/A mixer trucks
• A 2010 Caterpillar 14M VHP plus motor grader
• A 2007 Grove RT540E 40-ton 4x4x4 rough terrain crane
• A 2008 Caterpillar D6T XW crawler tractor

Equipment in the auction will be sold for 650+ sellers, including a large selection of heavy construction equipment for Montreal, QC-based Vaillant Enterprise.

"We are selling close to 40 pieces of surplus equipment in the auction so we can use that capital to buy the right equipment for our current and upcoming projects," said Gilles Gauthier, owner and president of Vaillant Enterprise. "I've been buying and selling with Ritchie Bros. for a long time. I don't like equipment sitting in our yard not being used because it's not the right size or configuration—better for us to bring it to Ritchie Bros. and then buy the equipment we need. I'm also a regular buyer at Ritchie Bros., from auctions in Western Canada, the United States and in Montreal. I may end up selling 40 pieces of equipment this week and buying five or six, we'll see."

Auction Details:

• Location: Ritchie Bros.' Montreal, QC permanent auction site at 1373 Rue Brière, Mont-Saint-Hilaire, QC, J3H 6E9
• Date & time: May 21 - 22, 2014, starting at 8 am (local time) each day
• Phone: [phone]
• The auction is open to the public; registration to bid is free; a refundable bid deposit may be required
• How to register and bid:
• In person at the auction site
• Online at rbauction.com - register in advance and bid online in real time on auction day; a refundable bid deposit may be required; first-time bidders should register several days in advance of the auction
• By proxy - phone the auction site to place a proxy bid

For more information about this and all Ritchie Bros. auctions, including detailed equipment information and high resolution equipment photos please visit www.rbauction.com.

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:
We expect very large crowds at this auction. In May 2009, at a Ritchie Bros. auction in Montreal where 165 RVs and 2,100+ trucks and equipment were sold, there were 4,600 registered bidders. If you are interested in attending please do not hesitate to contact one of the names listed below.

SOURCE: Ritchie Bros. Auctioneers

Ian Malinski, Corporate Communications Lead, Ritchie Bros. Auctioneers
Phone: [phone] | Email: [email protected]

Or

Jessy Cantin, Regional Sales Manager, Ritchie Bros. Auctioneers
Auction site phone: [phone]