Euro Auctions and Ritchie Bros. merger scrapped

Leila Steed Editor, Demolition & Recycling International

03 May 2022

The merger between UK construction equipment auctioneer Euro Auctions and Canada-based Ritchie Bros Auctioneers has officially been scrapped, following the UK Competitions and Markets Authority’s (CMA) decision to launch a Phase II investigation into how the merger would affect competition in the wider market. 

Northern Ireland-based Euro Auctions said Ritchie…

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