Ritchie Bros completes SmartEquip acquisition
03 November 2021
Ritchie Bros has finalised its acquisition of SmartEquip, buying 100% of the equity of the technology platform for approximately US$175 million, subject to adjustment.
SmartEquip is a parts e-procurement platform that enables customers to manage the equipment lifecycle and integrates with OEMs and dealers.
Ann Fandozzi, Chief Executive Officer, Ritchie…
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