About Euro Auctions
Euro Auctions is a company based in Dromore (United Kingdom) founded in 1998 by Derek Keys was acquired by Ritchie Bros in August 2021.. Euro Auctions has completed 2 acquisitions, including Michener Allen Auctioneer and North Toronto Auction. Euro Auctions operates in a competitive market with competitors including GoIndustry Dove Bid, Apex Auctions, AssetTradex and Construction Trader, among others.
- Headquarter Dromore, United Kingdom
- Founders Derek Keys
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Euro Auctions (Uk) Ltd
- Date of Incorporation 14 Aug, 2019
- Jurisdiction OMAGH, COUNTY TYRONE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Michener Allen Auctioneer
& 1 more
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Acquired by
Ritchie Bros
(Aug 08, 2021)
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Funding Insights of Euro Auctions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Euro Auctions
Euro Auctions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ritchie Bros. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Heavy machinery is auctioned via an online marketplace platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Euro Auctions
Euro Auctions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Michener Allen Auctioneer and North Toronto Auction. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Vehicle auction event services are provided in Canada.
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2002 | ||||
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Online and live auctions for industrial equipment, vehicles, and surplus goods.
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1971 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Euro Auctions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Euro Auctions Comparisons
Competitors of Euro Auctions
Euro Auctions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoIndustry Dove Bid, Apex Auctions, AssetTradex and Construction Trader, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Assets and inventories are appraised via an online auction platform.
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| domain | founded_year | HQ Location |
Global online marketplace for buying and selling surplus industrial equipment.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for buying and selling construction and heavy equipment.
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| domain | founded_year | HQ Location |
Buys and sells construction machinery with nationwide quotes and collections.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Euro Auctions
Frequently Asked Questions about Euro Auctions
When was Euro Auctions founded?
Euro Auctions was founded in 1998.
Where is Euro Auctions located?
Euro Auctions is headquartered in Dromore, United Kingdom. It is registered at Dromore, Northern Ireland, United Kingdom.
What does Euro Auctions do?
Euro Auctions was founded in 1998 in Dromore, United Kingdom, by Derek Keys. An online B2B platform is operated for auctioning heavy machinery, including excavators, drilling rigs, dozers, dumpers, tractors, loaders, telescopic handlers, and forklifts. The marketplace facilitates transactions in the construction and industrial equipment sector, serving buyers and sellers across Europe and beyond.
Who are the top competitors of Euro Auctions?
Euro Auctions's top competitors include GoIndustry Dove Bid, Apex Auctions and AssetTradex.
How many acquisitions has Euro Auctions made?
Euro Auctions has made 2 acquisitions, including Michener Allen Auctioneer, and North Toronto Auction.
Who are Euro Auctions's investors?
Euro Auctions has 1 investor. Key investors include Ritchie Bros.