Ritchie Bros. to Acquire Euro Auctions, Yoder & Frey

Ritchie Bros. and Euro Auctions have jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire Euro Auctions group for an enterprise value of approximately $1.08 billion. Founded in 1998, Euro Auctions conducts unreserved heavy equipment auctions with onsite and online bidding under the brands Euro Auctions and Yoder & Frey, with more than 200 employees in 14 countries....

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