08:45 AM EDT, 03/11/2025 (MT Newswires) -- RB Global ( RBA ) , an omnichannel marketplace, on Tuesday said it will buy J.M. Wood Auction for an undisclosed amount.

"This move enhances our geographic coverage in Alabama and adjacent states and brings along the Wood family and their talented team of sales professionals with deep local relationships on board," said RB Global ( RBA ) Chief Executive Jim Kessler.

The company expects the deal to be completed in the second quarter.

The U.S.-listed shares of the company were last seen up $0.5 at $100.01 in pre-market trading.