Ritchie Bros. to sell more than 2,900 equipment items and trucks in Montreal, QC

Equipment will be sold for hundreds of sellers, including Simplex Equipment Rental, a fourth generation, family-run Canadian rental company

MONTREAL, Nov. 29, 2013 /CNW/ - Ritchie Bros. Auctioneers (NYSE andTSX: RBA), the world's largest industrial auctioneer, will sell more than 2,900 equipment items and trucks at its unreserved public auction in Montreal, QC on December 5 - 6, 2013. Equipment will be sold for close to 500 sellers, including equipment items for Simplex Equipment Rental, a fourth generation, family-run Canadian rental company with more than 40 locations throughout Quebec and eastern Ontario. Bids for the Montreal, QC auction can be made in person at the auction site, live online at www.rbauction.com and by proxy.

"We are selling a huge selection of equipment in this auction—more than 400 pieces—from lifting and material handling equipment to light and heavy construction equipment, along with attachments and more," said André Véronneau, President and CEO of Simplex Equipment Rental. "With Ritchie Bros. we are able to quickly turn our idle equipment into cash and put that money towards upgrading our rental fleet with new equipment in order to improve our customer service."

Equipment highlights in the auction include 150+ truck tractors, 70 hydraulic excavators, 40+ wheel loaders, 30+ articulated dump trucks, 20+ crawler tractors and more—every item will be sold without minimum bids or reserve prices.

"This is our fifth auction of 2013 and thanks to sellers like Simplex Equipment Rental we have another diverse set of equipment for buyers to choose from," said Jessy Cantin, Regional Sales Manager, Ritchie Bros. Auctioneers. "With our auctions, sellers are able to reach a massive global audience of potential buyers; meanwhile buyers are provided an unmatched selection of used and unused equipment all in one place for them to inspect and compare—either on site or online."

For more information about the Montreal auction, visit www.rbauction.com/montreal.

Ritchie Bros. also has upcoming unreserved auctions in Toronto, ON and Truro, NS in December.

TORONTO, ON - On December 9 - 10, Ritchie Bros. will sell more than 2,000 equipment items and trucks at its permanent auction site in Toronto, ON. Equipment highlights in the unreserved public auction include 45+ hydraulic excavators (incl. an unused 2012 John Deere 350G LC), 30+ agricultural tractors (incl. a 2012 John Deere 8335R MFWD), 20+ wheel loaders (incl. a 2011 Caterpillar 966H), 25 crawler tractors (incl. a 2010 John Deere 750J LT), 105+ truck tractors and more. For more information about this auction visit: www.rbauction.com/toronto.

TRURO, NS - On December 17, the Company will sell a large selection of equipment items and trucks at its permanent auction site in Truro, NS. Equipment highlights in the unreserved public auction include wheel loaders (incl. a 2009 Caterpillar 988H & a Letourneau L950 Pitbull), rock trucks (incl. five 2007 Komatsu HD465-7EO 55-ton), hydraulic excavators (incl. two 2009 Caterpillar 365CL), drills (incl. 2008 Atlas Copco DML-XL1200 crawler blast hole drill), trucks and more. For more information about this auction visit: www.rbauction.com/truro.

Consignments are still being accepted for all of these upcoming auctions; anyone interested in selling their equipment can contact: +1.450.464.2888 (for Montreal, QC); +1.905.857.2422 (for Toronto, ON); and +1.902.895.3700 (for Truro, NS).

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: Photos and other media resources are available for use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.

SOURCE: Ritchie Bros. Auctioneers

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

Or

Montreal, QC and Truro, NS Contact:
Jessy Cantin, Regional Sales Manager (Montreal, QC & Truro, NS), Ritchie Bros. Auctioneers
Montreal, QC auction site phone: [phone]

Toronto, ON Contact:
Scott Zeilstra, Regional Sales Manager (Toronto, ON), Ritchie Bros. Auctioneers
Toronto, ON auction site phone: [phone]