BRIEF-Ritchie Bros and Caterpillar announce strategic alliance
Aug 29 (Reuters) - Ritchie Bros. Auctioneers Inc
* Ritchie Bros. and Caterpillar Inc announce strategic alliance
* Strategic alliance between Ritchie Bros and Caterpillar will have an initial five-year term
* Ritchie Bros to become preferred provider to caterpillar and participating dealers for caterpillar equipment upon closing of acquisition of ironplanet
* New strategic alliance will become effective when Ritchie Bros completes its acquisition of Ironplanet
* New strategic alliance replaces and expands on existing agreements in place between Caterpillar, its dealers and Ironplanet Source text for Eikon: Further company coverage:
© Thomson Reuters 2017 All rights reserved.