RB Global announced on March 4 2026 that it has entered into a definitive agreement to acquire BigIron Auction Company, a U.S.‑based online marketplace for agricultural equipment, land, and livestock.
The deal is expected to close in the second half of 2026 and will add a new vertical to RB Global’s omnichannel marketplace, expanding its reach beyond automotive salvage and commercial construction/transportation assets.
BigIron processed roughly $885 million in gross transaction value in 2025, with $520 million from commercial assets and vehicles and $365 million from agriculture land and real‑estate transactions. The company will continue to operate as a stand‑alone brand.
RB Global’s Q4 2025 earnings showed total revenue of $1.2 billion, up 5% YoY, and diluted EPS of $0.53, a 9% decline YoY, while adjusted EPS rose 17% to $1.11. The company guided for 5‑8% GTV growth and 7% adjusted EBITDA growth in 2026, signaling confidence in its expansion strategy.
"BigIron brings a talented team with deep ag sector knowledge and an established sales footprint that will continue operating as a stand‑alone brand while being complemented by the Ritchie Bros. industrial footprint. This will create opportunities to serve even more customers through a combination of onsite, offsite, and digital channels and solutions," said CEO Jim Kessler.
"RB Global values our culture and shares our respect for the agricultural community. Through this combination, we gain a larger platform and additional resources, which is expected to help us deliver even greater choice and liquidity to all the sellers we serve," added Mark Stock, co‑founder of BigIron.
"Since our founding in 1984, we have remained steadfast in our commitment to providing an honest, trustworthy auction. We look forward to continuing our mission to serve our sellers, buyers, and employees for years to come, and to continue operating BigIron as a stand‑alone brand with Mark and I involved in the business as usual," said Ron Stock.
The acquisition aligns with RB Global’s broader strategy of building a diversified marketplace across multiple asset classes, and the addition of BigIron’s agricultural platform is expected to broaden revenue mix and provide new growth avenues.
No market reaction has been reported yet, as the announcement is recent, but the deal is viewed as a strategic move that could strengthen RB Global’s competitive position in the U.S. agriculture sector.
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