June 2, 2017 / 9:23 PM / 5 months ago

BRIEF-Ritchie Bros and Caterpillar launch strategic alliance

June 2 (Reuters) - Ritchie Bros. Auctioneers Inc:

* Ritchie Bros. and Caterpillar strategic alliance launches

* Ritchie Bros. - ‍under alliance, co will become Caterpillar’s preferred global partner for live onsite and online auctions for used cat equipment​

* Ritchie Bros. Auctioneers Inc - ‍strategic alliance between Ritchie Bros. and Caterpillar will have an initial five-year term​

* Ritchie Bros. Auctioneers Inc - co and caterpillar launched a strategic alliance, originally announced in 2016, following co’s acquisition of ironplanet​ Source text for Eikon: Further company coverage:

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