Ritchie Bros. to sell hundreds of items for BJ Services
Ritchie Bros. has obtained bankruptcy court approval to auction off hundreds of truck tractors belonging to BJ Services, North America’s largest pressure pumping services company. The assets will be featured in a significant sale at the Fort Worth auction scheduled for September 29-30, 2020. Ritchie Bros. anticipates high demand for these well-maintained vehicles, highlighting their expertise in asset management and diverse sales channels.
- Bankruptcy court approval obtained for the auction of BJ Services' assets.
- Expected high demand for over hundreds of well-maintained truck tractors.
- Auction scheduled for September 29-30, 2020, providing immediate business opportunities.
- None.
Large portion of assets will sell in Ritchie Bros. upcoming Fort Worth auction next month
VANCOUVER, BC, Aug. 31, 2020 /PRNewswire/ - Ritchie Bros., a global leader in asset management and disposition, announced today that it has received bankruptcy court approval to sell hundreds of truck tractors on behalf of BJ Services, North America's largest pure-play pressure pumping services company.
"We are excited to bring BJ Services' late-model and well-maintained fleet of truck tractors to market," said Sam Wyant, Senior Vice President, Strategic Accounts, Ritchie Bros. "As one of the leaders in their field, we expect to see a lot of demand for these assets, which will sell across our numerous sales channels, including a large portion selling at our upcoming Fort Worth, TX auction on September 29 – 30, 2020."
For more information, visit RitchieBros.com. To view the complete inventory of assets consigned by BJ Services, click here.
About Ritchie Bros.:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company's suite of multichannel sales solutions also includes Ritchie Bros. Asset Solutions, a complete end-to-end asset management and disposition system. Ritchie Bros. also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy Auctioneers, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.
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SOURCE Ritchie Bros.
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