Finning, IronPlanet expand Cat auction services in Canada

IronPlanet, a leading online marketplace for used heavy equipment and trucks, and Finning International, the largest Cat dealer in the world, have joined forces in Canada.

“We are excited to partner with Finning and host our first physical auction in Canada,” said Gregory J. Owens, IronPlanet Chairman and CEO, following the announcement of the Oct. 21 event in Edmonton, Alberta.

“Our alliance with Finning supports IronPlanet’s critically important Canadian expansion efforts and furthers our ability to service our customers in Canada – and internationally – given Finning’s presence in South America, the United Kingdom and Ireland.

“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 their customers to realize the best returns 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.

“Finning is excited about this new alliance and we look forward to leveraging this global marketplace to provide value for our customers,” said Juan Carlos Villegas, Finning International chief operating officer and Finning Canada president.

“We are looking forward to holding the first ever Cat Auction Services event in Canada later this year and combining the best of what IronPlanet and Finning have to offer.”