Spanish auction site opened by Ritchie Bros.

Ritchie Bros. Auctioneers will officially open a new permanent auction site in Spain on Friday, 4 June.

The event will take place during the first auction taking place over two days (3-4 June) at the 24ha site in Ocaña, near Madrid. It features a 500 seat auction theater, customer parking, offices and a refurbishing facility. Ritchie Bros. has been operating from temporary facilities on this site since it bought the property in 2009.

Company officials and Ocaña Mayor José Carlos Martínez Osteso will conduct a ribbon cutting ceremony to mark the opening. "Since our first auction in Spain in 2000, we've seen demand for our unreserved auctions continually increase," said Jeroen Rijk, vice president, Ritchie Bros. Auctioneers. "Every auction has attracted hundreds of local and international bidders - the Spanish market has adopted our services amazingly well."

More than 1,500 equipment items and trucks will be sold during the two-day auction, including more than 50 cranes, among other lifting equipment.