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Posted August 26, 2015

Finning, IronPlanet Expand CatAuction Services

IronPlanet and Finning International Inc.have agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved  auction marketplace. Finning will be hosting IronPlanet’s first Canadian Cat Auction Services live unreserved public auction on Wednesday, October 21, 2015, in Edmonton, Alberta.


“We are excited to partner with Finning and to announce our first physical auction in Canada,” said Gregory J. Owens, IronPlanet Chairman and CEO. “IronPlanet is building the strongest used heavy equipment marketplace in the industry by offering our buyers access to a wide selection of used construction equipment, oil and gas services equipment and trucks across multiple auction platforms. We are pleased to be working with Finning, a leader in the world of heavy equipment, to serve customers globally.”

IronPlanet and its Cat Auction Services live auction platform will assist Finning and its customers in their asset disposal process by reaching IronPlanet’s 1.4 million global registered users. IronPlanet customers will benefit from Finning’s international presence and the opportunity to buy or sell quality used heavy equipment across multiple geographies. All equipment sold will be backed by IronPlanet’s exclusive IronClad Assurance, which assures an accurate representation of equipment condition.

The first auction is in Acheson, Alberta on October 21, 2015. With Finning joining Cat Auction Services, IronPlanet significantly expands its reach into Canada and its ability to give sellers and buyers the choice of attending one of Cat Auction Services live auctions in Canada or participating in IronPlanet’s weekly online auctions. IronPlanet and Cat Auction Services merged on April 1, 2015.

Find more information here: IronPlanet

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