Euro Auctions break new records
Company hosts world’s largest excavator sale with 750+ machines going under the hammer
EURO Auctions, Europe’s leading auctioneers of industrial plant, construction and agricultural machinery, hosted their largest ever sale at their Leeds site between 30 January and 1 February, with more than 5,000 lots going under the hammer. After the three-day sale, the hammer total was £42 million, an increase of more than 5% on the same period in 2018.
Over the three days Euro Auctions sold: 750+ excavators of all sizes (the world’s largest sale of excavators); 320+ articulated, site and tracked dumpers; 300+ commercials, vans, cars and Jeeps; 270+ telehandlers; 150+ rollers; and 140+ tractors.
The last three Euro Auctions sales have all been record breaking in some way or other, however with this latest sale the number of lots was the highest on record, in addition to record attendances, record registrations and a record number of bidders from across the globe.
According to Euro Auctions, online sales are now constantly between 50% and 60%, with strong interest from Europe, Middle East, Africa, Oceania, Caribbean, Asia, South America and North America.
Euro Auctions are currently in the process of expanding their Leeds sale site. Whilst the new facilities will not be operational until later in 2019, the entire area will then provide the capacity to line up and display up to 6,000 lots.
Among the company’s upcoming sales will be the Hawk Plant Hire disposal sale on 14 and 15 March and the next scheduled Leeds sale from 20–22 March.