M&A
confidence high
sentiment positive
materiality 0.65
RB Global completes acquisition of J.M. Wood Auction Co.
RB GLOBAL INC.
- Ritchie Bros. subsidiary completed acquisition of J.M. Wood Auction Co., effective July 14, 2025.
- J.M. Wood to maintain its Montgomery headquarters, in-person auction format, and leadership team.
- CEO Jim Kessler cited strategic benefits: combining J.M. Wood's regional expertise with Ritchie Bros.' global network and digital capabilities.
- J.M. Wood, founded in 1973, will now have access to Ritchie Bros.' scale and technology to enhance service offerings.