More Search Options About Us History 2014 First US$4 billion year In 2014, Ritchie Bros. launches a new online marketplace at EquipmentOne.com, and sells US$4 billion of equipment in one year for the first time. 2013 First auctions in China In 2013, Ritchie Bros. holds its first auction in China, in the city of Beijing. 2011 US$1 billion of equipment sold online Ritchie Bros. sells US$1 billion of equipment to online bidders before year end. 2010 21-language website launched Ritchie Bros. launches a new website at rbauction.com, featuring equipment search in 21 languages, online bidding in 7 languages and new saved search and watchlist functionality. 2008 First US$1 billion quarter Ritchie Bros. sells US$1 billion of equipment in one quarter for the first time in 2005. 2004 TSX listing Ritchie Bros. is listed on the Toronto Stock Exchange. 2003 First auction in Africa Ritchie Bros. holds its first auction in Africa in 2003, in Durban, South Africa. 2002 Online bidding service introduced In 2002 Ritchie Bros. introduces its real-time online bidding service, making it easier for buyers to participate in auctions all over the world - in person or online. 1998 NYSE listing and first US$1 billion year In 1998 Ritchie Bros. becomes a publicly listed company on the New York Stock Exchange, and records annual equipment sales of US$1 billion for the first time. 1997 First auction in the Middle East Ritchie Bros. conducts its first auction in the Middle East in 1997, in Dubai's Jebel Ali Free Zone. 1994 First auction in Asia In 1994, Ritchie Bros. conducts its first auction in Asia, in Subic Bay, the Philippines. 1990 First auction in Australia Ritchie Bros. goes down under and holds its first Australian auction in Perth, Western Australia in 1990. 1987 First auctions in Europe In 1987 Ritchie Bros. conducts its first auctions in Europe - in Liverpool, United Kingdom and in Moerdijk, the Netherlands. 1976 First permanent auction site With its unreserved auctions well accepted within Canada, Ritchie Bros. opens its first permanent auction site - in Edmonton, Alberta. 1970 Expansion to the United States As demand for the company's unreserved auction services increase, Ritchie Bros. begins to expand across Canada and into the United States, holding its first U.S. auction in Beaverton, Oregon in 1970. 1963 First major equipment auction The brothers soon progress beyond furniture and begin conducting more regular auctions. In 1963 they conduct their first major unreserved industrial auction in BC, selling US$600,000 worth of equipment. 1958 First unreserved auction Ritchie Bros. begins as a small family-run business in Kelowna, BC, Canada. The three Ritchie brothers—Ken, Dave, John—conduct their first unreserved auction. Back to Top Key Links Careers Media Investors RitchieSpecs Deposits & Payments Shipping Search Links Construction Machinery Farm Equipment Truck Auctions Trailers for Sale Agricultural / Farm Tractors Cranes Newsletter SignUp © 2016 Ritchie Bros. Auctioneers Site Map | Privacy Statement | Legal Disclaimer