Crane Fleet for Sale at Ritchie Bros. Auction

April 24, 2008 • Ritchie Bros. Auctioneers, Vancouver, British Columbia, will sell the entire crane and truck fleet of the ST Group, at an unreserved public auction in Brisbane on June 24. The ST Group, based in Brisbane, will sell close to 150 transportation and heavy equipment items at the auction as part of a major company realignment.

Nine late-model cranes will be up for auction, including two 2007 Manitowoc M12000 120-ton crawler cranes; one 2007 and one 2006 Grove GMK4080 80-ton all-terrain crane; 2004 Grove GMK5100 100-ton all terrain crane;   2004 Grove GMK3055 55-ton all terrain crane; 2006 Franna MAC25 25-ton crane; 2004 Franna AT20 20-ton crane; and a 2004 Tadano GT550 hydraulic truck crane.         

 

The auction will be completely unreserved, with no minimum bids and no reserve prices. "We often sell cranes at our unreserved auctions, but it's rare to see so many late-model cranes being sold all in one place, all in one day," said Simon Ross, Ritchie Bros. regional manager. "Worldwide demand for cranes continues to be strong, and the pace of production can't meet the needs of industry. Our upcoming auction represents a unique opportunity for interested crane, truck and equipment buyers. Not only are we selling an exceptional lineup of machines, we're selling them all unreserved • meaning there will be no minimum bids and no reserve prices. Every piece of equipment will be sold to the highest bidder on auction day."

      

The unreserved public auction starts at 8 a.m. on June 24, 2008, at the Ritchie Bros. Brisbane auction site. The auction is open to the public. Registration to bid is free. Interested buyers can bid in the auction in person, by proxy bid or online.

 

More information about the auction, including photos and details of the equipment being sold, can be found at www.rbauction.com.