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Home » Blog » Crane industry news » Crane auction raises $35 million

Crane auction raises $35 million

March 26, 2015 By CranesBlog 3 Comments

Crane auction raises $35 million

The Energy Crane auction in Casper, Wyoming, yesterday raised over $54 million, a new record at Ritchie Bros for a single owner sale.

The sale included 38 cranes, which fetched over $35 million. Around 3,000 on-site and online bidders competed to buy the cranes and transport equipment.

Highlights of the auction included a 500 tonne 2010 Liebherr LTM1500-8.1 All Terrain that fetched $3.35 million—the most expensive All terrain Crane sold by Ritchie Bros. to date.

Ritchie Bros chief executive Ravi Saligram said: “Our extremely successful Casper auction, featuring high-quality cranes, trucks and trailers, is one of the largest underwritten complete dispersals the Company has ever done”.

“The strong performance and pricing we achieved today reflects the power of Ritchie Bros.’ brand to reach and attract buyers from all over the world. This auction epitomized our strong customer relationships, our marketing prowess, our operational know-how, and most importantly the trust consignors place in us with their high-value fleets.”

Filed Under: Crane industry news, Liebherr Cranes Tagged With: all terrain crane, crawler crane, truck crane

Comments

  1. paul says

    August 31, 2015 at 2:18 pm

    I think your going to see richiebors opening up dealerships all over the world and rent and sell all types of equipment its a power house company.

    Reply
  2. Logan Murphy says

    January 5, 2016 at 3:15 pm

    I have never heard of a crane auction before, does this happen pretty frequently with crane companies? I’ve always had an interest with this kind of heavy machinery. I find it really interesting how we have created these machines to help us in our world. I’m impressed with how much money was raised through this auction. That shows me that they must be good! Thanks for sharing this.

    Reply
  3. andy says

    January 21, 2016 at 9:03 am

    If have time,I also want attend to crane auction,but the the price may have a little expensive.

    Reply

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