Ritchie Bros. Acquires J.M. Wood
Ritchie Bros. completed its acquisition of J.M. Wood Auction Co. in Montgomery, Alabama.
“Both Ritchie Bros. and J.M. Wood have spent decades building trust through integrity, relationships, and a deep understanding of customers’ businesses,” said Jim Kessler, CEO of Ritchie parent RB Global, in a statement. “This is a strategic move that enhances what both organizations do best.”
J.M. Wood will maintain its Montgomery headquarters, in-person auction format, and leadership team.