Ritchie Bros. Auctioneers was established in Kelowna, British Columbia, Canada, when the three Ritchie brothers – Ken, John and Dave Ritchie – took over the OK Used Furniture Store from their fath
er in 1955. They entered the auction business in 1958.[3The brothers began conducting auctions more regularly and in 1958 incorporated Ritchie Bros. Auction Galleries Ltd. to formalize their new business.[4]: 17 Ritchie Bros. began selling used equipment in the
