Highlights include ranch & residential acreage, a livestock dispersal
and farm equipment
KEREMEOS, BC, Nov. 3, 2011 /CNW/ - Ritchie Bros. Auctioneers (NYSE and
TSX: RBA), the world's largest auctioneer of construction and farm equipment, is conducting an unreserved public agricultural auction in Keremeos,
B.C. (south of Penticton) on Saturday, November 19, 2011. The complete
dispersal auction for Neil and Kelly Mullen will include 212± title
acres of ranch and residential property, a livestock dispersal and 100+
farm equipment items. Every item in the auction will be sold to the highest bidder on
auction day—regardless of price—with no minimum bids or reserve prices.
Bidders can bid in person at the auction on the Muller's ranch, online
in real time at www.rbauction.com, or by proxy.
Neil and Kelly Mullen purchased their ranch in Keremeos eight years ago
and have decided to sell it so they can focus on other business
opportunities. The Mullen's have been owners of several contracting
businesses over the years and have been buying and selling equipment at
Ritchie Bros.' auctions across North America for 30 years.
"With that long of a track record, I know what to expect and the types
of results Ritchie Bros. gets," said Mr. Mullen. "It's why I chose them
to handle this agricultural dispersal for us—it was the most convenient
option. I don't have to worry about trying to sell all my farm
assets—the equipment, cattle, and acreage separately—they handle the
details and everything gets sold at the auction in one day."
This will be the second complete on-the-farm dispersal Ritchie Bros. has
done in British Columbia in 2011 and the first in the
Okanagan-Similkameen region. While Ritchie Bros. conducts hundreds of
on-the-farm auctions every year in Alberta, Saskatchewan and Manitoba,
on-the-farm auctions in B.C. have been steadily gaining momentum in the
last few years. In May, Ritchie Bros. conducted a large agricultural
dispersal auction for KFC Farms in Kamloops, B.C. The auction attracted
more than 750 local and international bidders from 15 countries with
buyers from B.C. purchasing over 70 percent of items sold.
Full auction and auction inventory details and photos can be found at rbauction.com. Among the items being sold:
100+ farm equipment items
2006 John Deere 6415 MFWD tractor; a 2011 Ford F450 XLT Super Duty
Flatbed truck; a Caterpillar 426C 4X4 loader backhoe; a John Deere 850D
4X4 recreational vehicle, livestock and irrigation equipment and more.
Residential and ranch acreage - to be sold at approximately 12 p.m.
212± title acres of ranch and residential property, including 170± title
acres of irrigated acreage and a 1,680 sq. ft. double wide modular
residential home. The acreage, modular home and residential property
will be sold as one parcel of real estate on auction day. Two other
removable modular homes on the property will be sold separately.
220+ head of commercial livestock
115± Black Baldy cows, (Angus and Hereford cross), six± registered Black
Angus bulls and 100± Black Angus cross calves. Livestock will be
corralled and sorted for easy viewing and sold after real estate and
Location: The Way Home Mullen ranch, Keremeos, BC (south of Penticton)
Time & Date: Saturday, November 19, 2011 starting at 10:00 a.m.
Directions to the auction site: From Penticton, go south on Hwy 97 to Hwy 3a, then 22 km southwest on
Hwy 3a to the property
Open to the public, registration to bid is free
How to register and bid:
In person at the auction site
Online at rbauction.com - register in advance and bid online in real
time on auction day starting at noon; a refundable bid deposit may be
required; first-time bidders should register several days in advance of
By proxy - phone the auction site to place a proxy bid
Interested buyers can inspect, test and compare items for themselves
Monday to Friday during 8:00 a.m. to 5:00 p.m. before the auction and
on auction day by contacting Tyler Ruttan at +1.780.512.1449.
About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is
the world's largest industrial auctioneer, selling more equipment to
on-site and online bidders than any other company in the world. Ritchie
Bros. offers services that enable the world's builders to easily and
confidently exchange equipment. The Company conducts hundreds of
unreserved public auctions each year, selling a broad range of used and
unused equipment, trucks and other assets utilized in the construction,
transportation, agricultural, material handling, mining, forestry,
petroleum and marine industries. Ritchie Bros. has over 110 locations
in more than 25 countries, including 43 auction sites worldwide. The
Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com
ATTENTION MEDIA: Photos of the residential property and ranch acreage are available for
use at http://www.rbauction.com/photos. Members of the public and the media can follow Ritchie Bros. on
SOURCE Ritchie Bros. Auctioneers
For further information:
Vicki Cunningham, Supervisor, Corporate Communications, Ritchie Bros. Auctioneers
Phone: +1.778.331.5464 or email firstname.lastname@example.org
Tyler Ruttan, Area Manager, Ritchie Bros. Auctioneers
Phone: 1.780.512.1449 or email email@example.com