IronPlanet WebA leading online marketplace for selling and buying used equipment and other durable assets. WebHow it works IronPlanet to be Acquired by Ritchie Bros. Auctioneers Posted by IronPlanet You can from your home or office computer, or via the IronPlanet mobile appfor additional convenience. There can be no assurance that forward-looking statements will prove to be accurate, and actual results may differ materially from those expressed in, or implied by, these forward-looking statements. In the News. RIVET MINING SERVICES RECEIVERS' AUCTION (AUSTRALIA) (92). But, since Bidder Cs maximum amount is higher, our system responds to keep Bidder C in the lead with a bid of $25,500. RIVET MINING SERVICES RECEIVERS' AUCTION (AUSTRALIA) (92). Delivering Choice. These solutions, including multiple dealer portal options, valuable business intelligence, amplified data analytics and multiple online sales channels, position the combined company to provide comprehensive asset management solutions. Bidder B enters a maximum bid of $20,500 in an attempt to take the lead. The system automatically placed a bid in response to yours, because the current high bidder had specified a maximum bid amount greater than the amount you submitted. Ritchie WebEvery year, more and more equipment buyers are saying goodbye to the banks and hello to PurchaseFlex Financing from Ritchie Bros. Financial Services. document.write (document.charset ? Our marketing capabilities, unrivaled suite of technology and powerful multichannel transactional platforms will add tremendous value and make us a trusted strategic partner to the Caterpillar family., A key element of our digital strategy is connecting more products in our customers fleets, allowing us to help improve their productivity, increase safety and drive sustainability. Ritchie Bros. is proud to enter into this historic alliance, which will strengthen our relationship with Caterpillar, its dealers and end users, as well as help expand our global reach and footprint, said Saligram. You will need to speak with one of our customer care agents to make any modifications to your checkout. For the reasons set forth above, you should not place undue reliance on forward-looking statements. Contacts:Ritchie Bros.: Erwyn Naidoo Investor RelationsPhone: 1-778-331-5219Email: enaidoo@rbauction.comIan MalinskiCorporate Communications Phone: 1-778-331-5432Email: imalinski@rbauction.comMedia Contact: Diana Dixon KemperLesnikPhone: 419-297-0222Email: diana.dixon@kemperlesnik.com, Topics: a. Ritchie Bros. acquired IronPlanet for approximately $758.5 million, subject Agriculture (8762) Construction (86505) Cranes (1935) Forestry (1867) Forklifts and Warehouse Equipment (581) Oil & Gas (1925) b. PriorityBids allow your bid to be placed before any other online bid. Buyers exporting equipment will also be asked to declare their US port of export. Ritchie Bros. Youll need to create a free online account, verify it, and get bidding privileges. IronPlanet, Asset Appraisal Services, TruckPlanet, GovPlanet, Ritchie Bros. Energy, IronClad Assurance and Auctions you can trust are service marks of IronPlanet, Inc. All other marks and brands are the property of their respective owners. WebRitchie Bros. Only registered and approved viewers have the ability to bid online. Saligram has designed his new organizational structure to maximize growth outcomes by utilizing the complementary skillsets of senior leaders from both companies. Therefore a pre-bid of $101,000 will not be accepted. WebConstruction Government Surplus Trucks & Trailers Motors Agriculture Cranes Forklifts and If you are a reseller or have a sales tax exemption, file your certificate now on My Account Page and get through checkout faster. Ritchie Bros. Buys IronPlanet Under the terms of the transaction, Ritchie Bros. will acquire 100% of the equity of IronPlanet for approximately $740 million in cash and the assumption of unvested equity interests in IronPlanet, subject to adjustment, that brings the total transaction value to approximately US$758.5 million. Sorry, this is usually difficult to arrange due to the distribution of equipment at the time of sale. WebRitchie Bros. acquired IronPlanet for approximately $758.5 million, subject to customary WebEvery year, more and more equipment buyers are saying goodbye to the banks and hello to Our Customer Care Agents and Sales Representatives are ready to help you. Ritchie Mascus, Kruse Energy and GovPlanet will continue to remain as stand-alone businesses with stand-alone sales teams, given that they serve specialized customer segments. The second most common reason is when a bid is placed after Sold is announced. The most common reason why a bid is not received is because the auction system accepted another bid either a PriorityBid, or an online bid that was placed first. However, if you have completed checkout and made full payment, you will not be able to modify the checkout information yourself. As always, your bid will only increase in response to bids by other users, in the smallest increment possible to maintain your position as high bidder (up to your new maximum bid amount). Here are your options, 5 advantages to buying used vs. new heavy equipment & trucks. b. Our shared passion for serving customers is loud and clear and it will continue to be our guiding light in the unified company, said Ravi Saligram, Ritchie Bros. CEO. d. When you win a lot, you will see a confirmation screen indicating the lot description and the sold price. Your sales tax exemption certificate, if you believe you are exempt from sales tax. The bid button will disable in the bidding console if your PriorityBid is in the lead. Forward- looking statements are statements that are not historical facts and are generally, although not always, identified by words such as expect, plan, anticipate, project, target, potential, schedule, forecast, budget, estimate, intend or believe and similar expressions or their negative connotations, or statements that events or conditions will, would, may, could, should or might occur. Create an account to: - Receive inventory updates & exclusive offers - Add items to your watch list - View recently sold items - Make purchases - Get financing through Ritchie Bros. Financial Services Create free account Since 2011, weve helped more than 10,000 Ritchie Bros. customers acquire more than $1 billion in equipment needed to run their businesses. 'https://servedby.hlipublishing.com/ajs.php':'http://servedby.hlipublishing.com/ajs.php'); Our shared passion for serving customers is loud and clear and it will continue to be our guiding light in the unified company, said Ravi Saligram, Ritchie Bros. CEO. After youve created your online account, you can bid and buy. No, all bids in IronPlanet auctions are final and binding. WebAfter 11+ years helping more than 30,000 Ritchie Bros. customers in North America Sign in Create an account. Before even being outbid, you can increase the maximum on any of your PriorityBids by placing a new PriorityBid on the same item for your new maximum amount (dont worry, you can not outbid yourself). Browse through thousands of affordable alternatives to new equipment. Its sales are primarily conducted through online-only platforms, with weekly online auctions and in other equipment marketplaces. We will work with you to determine the best way to sell your equipment and market it to our 1.8+ million users. Frank Roth will assume the role of SVP, Sales Effectiveness and will focus on enabling the sales force to drive solution selling, create operational rigor on the use of sales analytics and sales management tools and develop programs to drive growth and increase sales productivity. Private Treaty, offering privately negotiated sales. WebConstruction View Items Trucks & Trailers View Items Agriculture View Items Mining View As a part of this acquisition, Ritchie Bros. also enters into an initial five-year strategic alliance with Caterpillar which is expected to strengthen its relationship with Caterpillar's independent dealers around the world by providing them enhanced and continued access to a global auction marketplace to sell their used equipment. Since 2011, weve helped more than 10,000 Ritchie Bros. customers acquire more than $1 billion in equipment needed to run their businesses. Sign in; Create an account; All categories. If your resale certificate is not on file, you will need to provide a copy of your resale certificate using the bar-coded fax form provided for your convenience. if (!document.MAX_used) document.MAX_used = ','; When you are the leading bidder, a message will indicate that you are in the lead and the bid button will be de-activated to prevent bidding against yourself. Will there be any other charges once we are the successful bidder? IronPlanet joining forces with Ritchie Bros. will allow the combined company to deliver a multichannel marketplace that will provide a full range of equipment asset management and disposition solutions. No, if you are already the high bidder in an auction and you increase your maximum bid amount, the bid will not immediately change. IronPlanet, founded in 1999 and now part of the Ritchie Bros. family of solutions, is a leading online marketplace for selling and buying used equipment, trucks, and other assets in weekly online auctions conducted every Thursday. There are several advantages of using PriorityBids: As auction day approaches, you can check the status of your PriorityBids in the Buying List of My Account. Bidder A then attempts to reclaim the lead with a maximum bid of $25,000. . Jeff Barca-Hall will partner with Marianne as SVP & Chief Technology Officer and will lead efforts to build future state, cutting-edge Marketplace technologies and the consolidation of current platforms and offerings. WebIronPlanet Equipos pesados de construccin usados- Subasta Retroexcavadoras, niveladoras, excavadoras y tractores agrcolas Caterpillar, John Deere, Case, Komatsu en venta Buscando por categora Subastas Cmo funciona Financiacin Equipo Usado para Venta Seleccione entre miles de alternativas econmicas a nuevos equipos. b. If you have your tax exemption status before you start checkout, the process should take you less than five (5) minutes. Menu. Doug will lead our M&A initiatives and in the near-term will lead on-going integration efforts. Ritchie Bros. and IronPlanet both have talented teams and winning cultures built on a passion for serving customers.". IronPlanet You can successfully place a bid for $61,000, $62,000, $63,000, etc., but our auction system will NOT accept a bid of $61,500, $62,001, or any other amount which is NOT a whole increment of $1,000. FAQs and help content for Ritchie Bros. solutions. (See IronPlanet Registration Requirements) Just call 888-433-5426 and well do our best to answer your questions. For example: Lets say youre bidding on a grader being auctioned, where the current highest bid is $60,000 and the bid increment is $1,000. The second most common reason is when a bid is placed after Sold is announced. Importantly, she will jump start a comprehensiveinnovation program throughout the company, initially focused on live auctions. 8 factors influencing the price of used heavy equipment, Whats the fastest way to sell heavy equipment? The transaction was approved by the boards of directors of both companies and is expected to close by the first half of 2017, subject to regulatory clearances and the satisfaction of other customary closing conditions. Ritchie Bros. is a one-stop-shop for everything your equipment and truck business needs to succeed buying and selling solutions, market insights and valuation, global buyer demand, and fleet management tools. Usage subject to Terms & Conditions. Ritchie Bros. is a one-stop-shop for everything your equipment and truck business needs to succeed buying and selling solutions, market insights and valuation, global buyer demand, and fleet management tools. To take advantage of all the features IronPlanet.com offers, including bidding and buying privileges, online auction registration, and more, set up your free account today. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the companys selling channels include: Ritchie Bros.Auctioneers, the worlds largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance equipment condition certification; EquipmentOne, an online auction marketplace; Mascus, a leading European online equipment listing service; and Ritchie Bros. WebEvery year, more and more equipment buyers are saying goodbye to the banks and hello to Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory. "This transformative transaction is the logical next step for Ritchie Bros., building on our multi-channel platform, global reach and long-standing customer relationships. Ritchie TruckPlanet a. document.write ("&loc=" + escape(window.location)); Once sold is announced, the item is closed. Make sure your email address and notification settings are correct inMy Account Profileso that you can receive outbid notification emails. WebHow to bid & buy Checkout Payment & transfer Sales & Use Tax International exports Watch the video below to follow the steps. You can access the quotes from your Post Sale page. Yes. Sign in Create an account. The amount showing on the button will immediately be submitted as a binding bid. WebEvery year, more and more equipment buyers are saying goodbye to the banks and hello to You will be able to access your invoice immediately after you have completed Checkout. With the sale and transaction all taking place online, we maximize convenience. We sell equipment from all over the world. Scopri perch centinaia di aziende da tutto il mondo vendono e acquistano su IronPlanetMarketplace-E, una Vendita di macchinari usati There is no set increment and it changes based on the auction system, the pace of the auction, the estimated value of the item, and other factors. You can always increase, but can never decrease your maximum bid amount at a later time. IronPlanet: How to bid & buy - Ritchie Bros. Help & Support Center We have multiple selling solutions tailored to fit your needs. IronPlanet Access the auction on auction day by following the banners onwww.ironplanet.comand log in to be taken to the bidding console. Ritchie Bros. and Caterpillar are beginning an exciting new chapter in our relationship to better serve our global customers..
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