{"id":490909,"date":"2009-09-11T14:00:48","date_gmt":"2009-09-11T18:00:48","guid":{"rendered":"https:\/\/sportscardigest.com\/?p=11569"},"modified":"2024-12-06T03:31:34","modified_gmt":"2024-12-06T03:31:34","slug":"rm-divests-interest-in-canadian-auction","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/rm-divests-interest-in-canadian-auction\/","title":{"rendered":"RM Divests Interest in Canadian Auction"},"content":{"rendered":"

\"\"<\/a>RM announced today it is divesting its interest in the Toronto classic car auction held biannually at the International Centre in Mississauga, Ontario effective immediately.\u00a0 The event\u2019s founder and former RM consignment specialist, Dan Spendick, assumes sole interest in this Canadian venue.<\/p>\n

RM is a global leader in the presentation of catalog-quality vintage motor car auction events and single-owner collections. This strategic development is consistent with the Company\u2019s efforts to build upon these strengths by more clearly defining its brand identity and continuing to expand its presence in the European market.<\/p>\n

\u201cWe\u2019re streamlining the business by increasingly focusing our expertise on the investment-grade segment of the collector car market and exploring international growth opportunities,\u201d said Rob Myers, Chairman and Founder, RM Auctions.<\/p>\n

\u201cDanny has been successfully running Toronto\u2019s only classic car auction since its inception in 1990 and has been a valuable member of the RM team since 1992. We wish him continued success as he branches back out on his own,\u201d he added.<\/p>\n

As a result of this transaction, Dan Spendick will form a new and separate corporate entity called Collector Car Productions.<\/p>\n

\u201cHaving been a partner at RM for 17 years has been a fabulous experience and if I could turn back time, I wouldn\u2019t change a thing,\u201d says Dan Spendick. \u201cMy strength as a car specialist has always been in 30\u2019s, 40\u2019s, 50\u2019s and 60\u2019s mainstream cars and I will continue to use this experience to develop my new company\u2019s business model. Rob has been a great inspiration to me over the years and I know that RM will continue to be a leader in the industry specializing in high-end classics and exotics, and I wish Rob, his partners and staff nothing but the best\u201d.<\/p>\n

Collector Car Productions kicks off its auction schedule with the presentation of the Al Webster collection, October 16-17 in Bradford West Gwillimbury, Ontario, followed closely by the fall Classic Car Auction of Toronto, October 23-25 at the International Centre in Mississauga.<\/p>\n

[Source: RM Auctions]<\/p>\n","protected":false},"excerpt":{"rendered":"

RM announced today it is divesting its interest in the Toronto classic car auction held biannually at the International Centre in Mississauga, Ontario effective immediately.\u00a0 The event\u2019s founder and former RM consignment specialist, Dan Spendick, assumes sole interest in this Canadian venue. RM is a global leader in the presentation of catalog-quality vintage motor car auction events and single-owner collections. This strategic development is consistent with the Company\u2019s efforts to build upon these strengths by more clearly defining its brand […]<\/p>\n","protected":false},"author":106,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10112,11577],"tags":[7366,2302],"class_list":["post-490909","post","type-post","status-publish","format-standard","hentry","category-auctions","category-auction-action","tag-auctions","tag-rm-sothebys"],"yoast_head":"\nRM Divests Interest in Canadian Auction<\/title>\n<meta name=\"description\" content=\"RM announced today it is divesting its interest in the Toronto classic car auction held biannually at the International Centre in Mississauga, Ontario effective immediately.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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