In 2015, RM Auctions and Sotheby’s merged to form RM Sotheby’s, positioning Sotheby’s as a respected partner in the luxury collector car market. As Christie’s announced yesterday, it too will make significant strides in this sector in the future.
A pivotal move in this direction is the acquisition of the Santa Monica-based auction house Gooding & Company. Founded in 2003 by David Gooding and Dawn Ahrens, Gooding & Company has built an international reputation for exceptional integrity, transparency, and, of course, its auctions of high-end collector cars. This reputation will be further enhanced through its acquisition by Christie’s, providing a broader platform in the luxury market to support its future growth. The final agreements will be signed by the end of the year, officially establishing Gooding Christie’s.
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Guillaume Cerutti, Christie’s Chief Executive Officer, commented: "Christie’s has long admired Gooding & Company and their way of doing business. The legacy that David Gooding and his team have built over the past two decades is well admired by collectors internationally and we could not be more honored to welcome them into the Christie’s family. We are confident that the combination of resources will provide many opportunities for significant global growth."
See also: 10 Most Expensive Classic Cars Ever Sold at Auction
"When we founded Gooding & Company twenty-one years ago, we built it on the pillars of integrity, quality, and passion within the collector car market. I am proud of our tremendous growth within this industry, and I am confident that our acquisition by Christie's is the next step in our continued development as a global market leader in this space. I look forward to working with Guillaume and the Christie’s team to achieve the next evolution of the Gooding & Company brand", added David Gooding, Co-Founder and President of Gooding & Company.
