brands in Europe
countries we operate in
office locations
employees
website visits annually
unique bidders per year
countries where we serve buyers
countries we source from
lots auctioned every year
monthly bidders
unique sellers per year
net auction sales (EUR)
9
brands in Europe
30
countries we operate in
12
office locations
1200+
employees
177M
website visits annually
700K
unique bidders per year
170
countries where we serve buyers
16
countries we source from
2.2M
lots auctioned every year
62K
monthly bidders
46K
unique sellers per year
1.5B
net auction sales (EUR)
EVERYTHING HAS VALUE
TBAuctions, with 1,200+ team members across Europe, makes auctioning efficient through technology and automation. Our proprietary cross-border platform, seamlessly matches supply and demand, driving a future where online auctions are the top choice for trading used business goods, reducing waste, and benefiting all.
SEIZING GROWTH: THE RISE OF ONLINE AUCTIONS
The European used industrial equipment market is valued at €250 billion, with auctioning still a developing channel. In 2023, auction sales reached €3.5 billion, less than 2% penetration, with 70% of sales occurring online.
Global auction revenue in 2024 was €35.9 billion, expected to grow 6% annually through 2030. Key trends driving Europe’s online auction growth include post-COVID acceleration, a steady 3% annual growth in the used equipment market, the lower cyclicality of used equipment during economic downturns, and a focus on sustainability and ESG requirements.
Additional significant opportunities for ancillary services are financing, warranties, insurance, and logistics. We are excited to lead the way towards a future where auctions are smarter, more accessible, and more impactful than ever.
OUR 10 VALUES
Define our culture
We put bidders and sellers first
Are humble and respectful
Make brave decisions
Do the right thing
Deliver results
Make a difference
Continuously improve
Act like an owner
Have backbone and grit
Are better together
Our values are at the foundation of every decision that we make, from hiring to annual performance reviews, to everyday choices, as well as critical business decisions.
With a portfolio of premier brands, we fuel the expansion of our company’s reach and influence. With seven best local brands represented over 16 countries across the Nordics, Benelux +UK, and Continental Europe.
Powered by TBAuctions’ innovative multi-brand digital auction platform, we seamlessly source goods locally and sell them globally, facilitating the auction of millions of used business items annually.
WE ARE DEDICATED TO ESG EXCELLENCE: REDUCING WASTE, MAXIMIZING VALUE
We strive to positively impact our planet. In everything we do, we consider the renewable way first. We are a facilitator of the circular economy. By promoting second-hand trading, we extend the life and maximize the value of business assets, reducing the need to extract new raw materials and avoiding emissions linked to the production stage.
TBAUCTIONS NEWSROOM: DISCOVER
OUR LATEST UPDATES
We often share our latest news updates from TBAuctions and all our brands. The newsroom is our go-to source for timely information on our company developments, industry insights, auctions, and much more.
JOIN TBAUCTIONS: BUILDING A SUSTAINABLE FUTURE TOGETHER
At TBAuctions, we believe in the power of teamwork and collaboration. Our success comes from the collective strength of our people and brands, surpassing even the capabilities of our technology. By uniting to support the circular economy, we connect B2B sellers and buyers on our cutting-edge digital auction platform, fostering a sustainable future. Be part of making a meaningful difference.
