Auctions came up a number of times during Ag Equipment Intelligence’s Executive Summit between presentations and roundtable discussions.
Those discussions came on the heels of RB Global’s May 19 announcement that it had completed its acquisition of BigIron Auction Company.
During RB Global’s first quarter earnings call ahead of the closing, CEO Jim Kessler had noted the acquisition had received HSR approval and noted that they find the ag sector “very attractive in the U.S.”
Following the official close, Kessler said, “The BigIron team brings deep expertise and strong relationships within the U.S. agriculture market, which complements our broader marketplace capabilities. This move expands our presence in a highly attractive category, adds differentiated expertise across U.S. agriculture, including agricultural real estate transactions, and advances our operating strategy of pairing scale with specialized market leadership.”
Watch the full version of this episode of On The Record




