Euro Auctions, one of Europe’s leading auctioneers of industrial plant, construction and agricultural machinery, is expanding to meet the increasing needs of its global customers, following it's biggest monthly sale on record.

Established in 1998, Euro Auctions has 10 permanent auction sites in the UK, Spain, Germany, Australia, the United Arab Emirates, Hong Kong, and the USA, with the current expansion plans at it's Leeds facility being to build Europe's largest auction site.

This follows the company's October sale, which was the biggest on record, with more than 4800 lots going over the ramp to produce a turnover of £42,515,535 – an increase of 20% on the same sale in 2017.

Global buyers hit another all-time high, with 59% of bidding being online, with no fewer than 67 countries registering for this auction, and 70% of those countries buying during this sale.

“We physically had to shut the gates on the sale, allowing nothing else onto the site, as we had run out of space,” explains Jonnie Keys, Euro Auctions operations manager.

“This was our biggest sale to-date and even with the new 45-acre extension that we added in 2017, making the total site area 70 acres we are looking forward to opening our new facility in early 2019.

“As the Euro Auctions business continues to expand, we have embarked on the building of what is believed to be the largest permanent auction facility for industrial plant, construction and agricultural machinery, in EMEA (Europe, Middle East and Africa). This new facility will allow us to conduct five, three-day sales each year, with a capacity to auction between 5000 to 6000 lots during each auction. The new facilities will greatly enhance the customer experience, from consignors selling equipment, to buyers who can sit in comfort and enjoy the action of the sale.”

The new development includes the construction of new workshops, office and main administration centre, auction arena and sales ramp, in addition to a 2380m² jet wash bay, which is again believed to be the largest in Europe.

The 45-acre extension to the existing yard brings the Euro Auctions site up to more than 70 acres in total. The three new purpose-built structures all at various stages of completion, which will see all facilities fully operational in early 2019.