RB Global to Expand Presence with Acquisition of J.M. Wood Auction Co.
Ritchie Bros. Auctioneers Incorporated (RBA)
Last ritchie bros. auctioneers incorporated earnings: 2/27 05:15 pm
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Source: Business Wire
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) (“RB Global” or the “Company”), the trusted global partner for insights, services and transaction solutions, today announced that it has entered into a definitive agreement under which RB Global will acquire J.M. Wood Auction Co., Inc. (“J.M. Wood”). We currently expect the acquisition to be completed in the second quarter of 2025, subject to customary closing conditions, including required regulatory clearances.“Our shared values and culture align naturally, particularly in our commitment to putting our partners and customers first,” said Jim Kessler, Chief Executive Officer of RB Global. “This move enhances our geographic coverage in Alabama and adjacent states, and brings along the Wood family and their talented team of sales professionals with deep local relationships on board. Together, we are building on a strong foundation to better service our customers.”J.M. Wood focuses on commercial construction
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News
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- RB Global (NYSE:RBA) (TSE:RBA) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=RBA&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street MarketBeat
- RB Global (NYSE:RBA) (TSE:RBA) had its price target raised by analysts at Royal Bank Of Canada from $132.00 to $133.00. They now have an "outperform" rating on the stock.MarketBeat
- RB Global (NYSE:RBA) (TSE:RBA) had its price target lowered by analysts at Bank of America Corporation from $120.00 to $114.00. They now have a "buy" rating on the stock.MarketBeat
RBA
Earnings
- 11/6/25 - Beat
RBA
Sec Filings
- 11/24/25 - Form 4
- 11/24/25 - Form 8-K
- 11/13/25 - Form 4
- RBA's page on the SEC website