Ritchie Bros buys Euro Auctions for US$1.08 billion to expand reach in EMEA region

Ritchie Bros has stumped up £775 million (approximately US$1.08 billion) to buy out Europe’s leading plant and machinery auction house Euro Auctions. According to a joint announcement, the two firms have entered into an agreement under which Ritchie Bros. will acquire Euro Auctions group for an enterprise value of £775 million (approximately US$1.08 billion). Founded […]