Ritchie Bros has joined Leaseurope, the trade body representing the leasing and automotive rental industry in Europe, as its latest associate member. 

Ritchie Bros is a global asset management and disposition company established in 1958 and is listed on the NYSE and the Toronto stock exchange (TSX) with its European headquarters in Breda, the Netherlands. 

The company provides finance for its customers to buy and sell heavy equipment, trucks and other assets and more than $5.4bn (€4.5bn) worth of heavy equipment is transacted through the company’s auctions and marketplaces yearly, the company said. 

Ritchie Bros also provides fleet management services for data insights, valuation, asset recovery, refurbishing, shipping and financing industrial assets. The company, which has 40 locations worldwide, has over 2,000 full-time employees as part of its global operations. 

Christian Sonneville, strategic accounts manager Europe at Ritchie Bros, said: “Ritchie Bros has transitioned a great deal over the recent years. 

“With our modern fleet management solutions, international buyer network and services infrastructure, I believe we can bring more value to the leasing industry than ever before. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We’re very proud to be a member of Leaseurope and look forward to working closely with the organisation and its members.” 

Anne Valette, the director general of Leaseurope, said: “We are very pleased to welcome Ritchie Bros into a strong and committed group of Leaseurope associate members. 

“Our relationship with them dates back over ten years and I am convinced that their deep expertise in second-hand markets and asset management will add tremendous value to our members and Leaseurope.”

Leaseurope, as a federation, represents 46 associations across Europe ranging from hire purchase and finance leases to operating leases of all asset types (automotive, equipment and real estate) and also includes the rental of cars, vans and trucks. It is estimated that Leaseurope represents approximately 91% of the European leasing market.