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September 13, 2016

Ritchie Bros.

Ritchie Bros. is forming an alliance with Caterpillar to be its preferred global partner for on-site and online auctions of used Caterpillar equipment. Under the alliance, Ritchie will provide Caterpillar and its dealers with access to proprietary auction platforms, software and other services. The alliance will become effective when Ritchie closes a deal next year to acquire IronPlanet, an online marketplace for used heavy equipment and other durable assets.




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