PARIS, Feb 6 (Reuters) – Commodity pricing and information specialist Fastmarkets has acquired Singapore-based Palm Oil Analytics, broadening its coverage of the vegetable oil and biofuel markets, it said. Monday.
Financial terms were not disclosed.
The acquisition of Palm Oil Analytics, which publishes palm oil and derivatives prices, data and news, marks a third acquisition for Fastmarkets in agriculture after Agricensus and The Jacobsen, he said. .
Fastmarkets is a Price Rating Agency (PRA) covering the commodities sectors, including metals and forest products.
It is now controlled by private equity firm Astorg after a consortium involving Astorg acquired Fastmarkets’ former parent Euromoney last year.
Reporting by Gus Trompiz, editing by Louise Heavens
Our standards: The Thomson Reuters Trust Principles.
