Euro Auctions Achieves Biggest Ever Sale

On the eve of the news that the merger with Ritchie Bros will not happen, Euro Auctions, Leeds, produced the biggest sale in its history with 5,500+ lots and a hammer of £45.3 million

The results of the recent four-day sale at Europe's largest auction site showed that market confidence is still high, and Euro Auctions is still able to source and bring to Leeds an abundance of excellent quality equipment and machinery. With over 5,500+ lots going under the Hammer, the sale finished at just under £45.3 million, which is an all-time record for the Leeds site, combined with large numbers of onsite and online bidders, the sale showed the marketplace still regard Euro Auctions as Europe's number one.

When compared to the same sale 12 months ago, this sale was 14% up on the same auction in April 2021, with bidders from 86 countries registering for this sale. In all 571 vendors from 23 countries sent equipment to the sale. Almost 4,000 bidders registered for the sale of which 477 were first time registrations, and 16% of those first-timers were successful in purchasing on the day. As usual there was a buzz on the bidding floor on the day with bidding being carried out onsite, online and as is growing more frequent a combination of both with people visiting before and during the auction and then bidding online.  Sales totals were almost equally split between the UK market and overseas.