Ritchie Bros. Auctioneers to buy U.S. company SmartEquip for US$175 million

Sep 27, 2021 | Trends & Statistics

VANCOUVER – Ritchie Bros. Auctioneers says it has signed a deal to buy U.S. company SmartEquip for US$175 million.

SmartEquip helps customers with spare parts purchasing and real-time service and diagnostic support for equipment.

Ritchie Bros. says the deal helps further its strategy to move beyond being a traditional auctioneer of used heavy equipment. …Read Full Article | https://www.bnnbloomberg.ca/ritchie-bros-auctioneers-to-buy-u-s-company-smartequip-for-us-175-million-1.1657889

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