Ritchie Bros. to acquire Euro Auctions for US$1 billion

It has been announced that industrial equipment auctioneer Ritchie Bros. has agreed a deal to acquire Euro Auctions for UK£775 million (US$1.07 billion).

Euro Auctions is a heavy machinery auctioneer that was founded in 1998 and operates in EMEA (Europe, Middle East and Africa). The deal is expected to…

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