Former Ritchie Bros exec joins Equippo

By Mike Hayes10 December 2015

Guylain Turgeon

Guylain Turgeon

Used equipment sales company Equippo has announced that Guylain Turgeon, formerly an executive at auction house Ritchie Brothers, has become a partner in the venture.

Before the move, Mr Turgeon spent 24 years with the construction equipment auction giant, before becoming managing director for EMEA & Asia at De Lage Landen.

Equippo’s CTO and co-founder, Philipp Knobel, said of the appointment, “Guylain has a mind for the intersection of technology and emerging markets in our industry. We’re happy to welcome him; his know-how will help Equippo enter new markets quicker and more intelligently.”

Mr Turgeon commented, ““After years of establishing new markets for heavy equipment auctions, I realized that consumer behaviours were shifting drastically from the traditional model I was accustomed to and quickly realized that Equippo has the tool and the people to leap forward.”

The move follows news that 10 Swiss multinational companies – including Hilti, Schindler, ABB and Nestle – have invested seed capital in the Equippo venture.

The company says it plans to use the investment to expand its team and offerings, and to aid its growth.

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