Euro Auctions Group<\/a> has announced that North Toronto Auction (NTA) has officially joined its global network of auction houses. The move sees NTA align with fellow Canadian auction leaders, Michener Allen Auctioneering and Jardine Auctions Inc, further expanding Euro Auctions\u2019 presence across Canada \u2014 effective immediately. North Toronto Auction, a Canadian auction company specializing in industrial equipment, automotive, and RV sales, becomes part of the Euro Auctions Group, headquartered in Northern Ireland, in a strategic move to strengthen the Group\u2019s position in the Canadian marketplace. Founded in 2002 by Matt Rispin, Frank Panza, and Stuart Ralph, North Toronto Auction has become a leading auction house in Toronto and commands significant market share. Euro Auctions will retain all 64 employees and maintain the North Toronto Auction brand, both of which are highly valued by the group. The business will continue to be led by Matt Rispin and will operate from its state-of-the-art 17-acre auction facility in Innisfil, Ont., just 50 minutes north of Toronto Pearson International Airport. With the addition of North Toronto Auction, the Euro Auctions Group now operates from 15 global locations including sites in Canada, the USA, Europe, the Middle East, and Australia \u2014 with 5 sites now in Canada alone this provides significant national coverage.<\/p>\nNorth Toronto Auction began life as a dealer-only automotive auction in Innisfil. Due to growing customer demand, the company quickly expanded into public auctions for cars, commercial trucks, heavy equipment, and recreational vehicles. Heavy equipment auctions are now held monthly which have complemented the strong automotive base.<\/p>\n
\u201cThe acquisition by the Euro Auctions Group, and aligning with our close Canadian allies Michener Allen and Jardine Auctions Inc, marks the next exciting chapter in our journey. This is a perfect fit for North Toronto Auction, and we\u2019re excited for what lies ahead,\u201d said Rispin. \u201cMay 2025, we celebrate 22 years in business, now joining forces with Euro Auctions a rapidly expanding first rate auction house with significant national coverage across Canada can only be good news for our customers and employees.\u201d<\/p>\n
Derek Keys, founder and managing director of Euro Auctions Group, added, \u201cNorth Toronto Auction enhances our offerings alongside Michener Allen and Jardine Auctioneers, expanding our regional reach to better serve customers across Canada. This acquisition is strategically important in providing Canadian clients with both national and global support. Our focus is now working with Matt and his team to build upon what they have already achieved.\u00a0 Their experience in the market is unmatched.\u201d<\/p>\n
The Euro Auctions Group, a global leader in the sale of heavy machinery, commercial vehicles, and motor vehicles, is the largest privately owned auction house in the world. It operates 15 sites globally, in Canada, the USA, Europe, the Middle East, and Australia. Now, it includes three Canadian operations: Michener Allen Auctioneers (joined October 2023), Jardine Auctioneers (joined March 2025), and North Toronto Auction (joined May 2025).<\/p>\n
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