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RB GLOBAL, INC.
Symbol RBA
Shares Issued 185,928,477
Close 2026-06-22 C$ 153.98
Market Cap C$ 28,629,266,888
Recent Sedar+ Documents

IAA Announces New Market Alliance in El Salvador

2026-06-23 08:30 ET - News Release


Company Website: https://rbglobal.com/
WESTCHESTER, Ill. -- (Business Wire)

RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global partner for insights, services and transaction solutions, today announced that IAA has launched a new Market Alliance in El Salvador with Matus International. The alliance supports IAA’s ongoing international growth strategy by expanding access to its global digital marketplace for customers throughout Central America.

As part of the Market Alliance network, Matus International will operate an auction center in the capital city of San Salvador, providing local support and services to customers looking to browse, bid on and purchase vehicles. The auction center is designed to enhance the customer experience by providing in-market assistance throughout the purchasing process and helping buyers easily participate in IAA auctions.

“Further establishing our Market Alliance network in El Salvador reflects our commitment to meeting customers where they do business and strengthening access to our global marketplace,” said David Rymarz, Senior Vice President and Head of IAA Marketplace. “As buyer demand across Central America continues to grow, expanding our reach in the region allows us to provide customers with greater access to our inventory, tools and services, while delivering the local support needed to help them participate in our auctions with confidence.”

“We are pleased to join as part of the IAA Market Alliance network in El Salvador and support customers as they navigate the vehicle purchasing process,” said Allan Matus, Chief Executive Officer of Matus International. “We look forward to helping customers throughout every stage of the purchasing journey, from registration and bidding through logistics and delivery, while providing the local support they value.”

IAA's Market Alliance network extends the reach of its global marketplace by providing localized support and services in key international markets. Expanding the network in El Salvador further strengthens IAA's reach in Central America and reinforces its commitment to serving buyers around the world.

About RB Global

RB Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace and trusted provider of value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its global network of auction sites and digital platform, RB Global serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining and agriculture. The company’s end-to-end marketplace solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread. For more information about RB Global, visit www.rbglobal.com.

Forward-Looking Statements

Certain statements contained in this release include “forward-looking statements” within the meaning of U.S. federal securities laws and “forward-looking information” within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Forward-looking statements herein include, in particular, statements relating to the anticipated benefits of the Market Alliance in El Salvador, the expansion of IAA's Market Alliance network and global digital marketplace in Central America, anticipated buyer demand and growth in the region, the anticipated impact of the Market Alliance on RB Global’s business and future financial and operating results, future operating plans relating to the Market Alliance, and other subjects of this release that are not historical facts. Forward-looking statements are typically identified by such words as “advance”, “aim”, “anticipate”, “believe”, “could”, “continue”, “estimate”, “expect”, “intend”, “may”, “ongoing”, “plan”, “potential”, “predict”, “will”, “should”, “would”, “could”, “likely”, “generally”, “future”, “long-term”, or the negative of these terms, and similar expressions intended to identify forward-looking statements. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of RB Global's common shares. Therefore, you should not place undue reliance on any such forward-looking statements and caution must be exercised in relying on forward-looking statements. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ materially, including but not limited to risks and uncertainties relating to: our ability to drive shareholder value; potential growth and market opportunities; the level of participation in our auctions and the success of our online marketplaces; our ability to grow our businesses, acquire new customers, enhance our sector reach, drive geographic depth, and scale our operations; the impact of our initiatives, services, investments, and acquisitions on us and our customers; the acquisition or disposition of properties; potential future mergers and acquisitions; our ability to integrate acquisitions; our future capital expenditures and returns on those expenditures; our ability to add new business and information solutions, including, among others, our ability to maximize and integrate technology to enhance our existing services and support additional value-added service offerings; the supply trend of equipment and vehicles in the market and the anticipated price environment, as well as the resulting effect on our business and Gross Transaction Value (“GTV”); our compliance with laws, rules, regulations, and requirements that affect our business; effects of various economic, financial, industry, and market conditions or policies, including inflation, the supply and demand for property, equipment, or natural resources; the behavior of commercial assets and vehicle pricing; the relative percentage of GTV represented by straight commission or underwritten (guarantee and inventory) contracts, and its impact on revenues and profitability; our future capital expenditures and returns on those expenditures; the effect of any currency exchange and interest rate fluctuations on our results of operations; the effect of any tariffs on our results of operations; the grant and satisfaction of equity awards pursuant to our compensation plans; any future declaration and payment of dividends, including the tax treatment of any such dividends; financing available to us from our credit facilities or other sources, our ability to refinance borrowings, and the sufficiency of our working capital to meet our financial needs; our ability to satisfy our present operating requirements and fund future growth through existing working capital, credit facilities and debt; misappropriation of data or cybersecurity incidents; and, failure to comply with privacy and data protection laws. Other risks that could cause actual results to differ materially from those described in the forward-looking statements are included in “Part I, Item 1A: Risk Factors”, and the section titled "Summary of Risk Factors", in our Annual Report on Form 10-K for the year ended December 31, 2025, as such risk factors may be amended, supplemented or superseded from time to time by other reports we file with the Securities and Exchange Commission, including subsequent Quarterly Reports on Form 10-Q. The forward-looking statements included in this release are made only as of the date hereof. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Many of these risk factors are outside of our control, and as such, they involve risks which are not currently known that could cause actual results to differ materially from those discussed or implied herein. RB Global does not undertake any obligation to update any forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances that exist after the date as of which the forward-looking statements were made, except as required by law.

Contacts:

RB Global Contacts

Analyst Inquiries:
Sameer Rathod | RB Global, Inc.
VP, Investor Relations & Market Intelligence
(510) 381-7584
srathod@rbglobal.com

Media Inquiries:
Clare Furman | RB Global, Inc.
Sr. Manager, Communications & Brand - IAA
(224) 275-4743
cfurman@rbglobal.com

Source: RB Global

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