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September 7, 2016

Ritchie Bros.

Ritchie Bros. Auctioneers is buying IronPlanet for $758.5 million. IronPlanet is an online marketplace for used heavy equipment and other durable asset sales. Last year, Pleasanton, California-based IronPlanet had $787 million in sales. Ritchie is based in the Vancouver, B.C., area. The transaction is expected to close by the first half of 2017.




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