Integer Added to Commodities Specialist Argus

Commodity price reporting agency Argus Media has acquired Integer Research, which provides market intelligence to the fertilizer, industrial chemicals and wire and cable industries. Terms were not disclosed.

Argus has around 950 staff and is headquartered in London with 21 offices in key commodity trading and production centres around the world. The company, which was founded in 1970 and is owned by employee shareholders and equity firm General Atlantic, produces price assessments and analysis of international energy and other commodity markets.

Integer is known for subscription-based reports, and like its new parent it also offers consulting and events. It is also based in London, and was founded fifteen years ago by Tim Cheyne, Oliver Hatfield and Philip Radbourne. It also has teams in Asia and Latin America.

Argus already has interests in the fertilizer market, having acquired FMB Consultants Ltd (FMB) in 2011, and now boasts global and regional content and conferences for the sector, as well as its 'largest global team of dedicated experts'.

Argus Chairman and CEO Adrian Binks says the buy will expand his company's range and depth of services, adding: 'Integer has a unique product offering and this, combined with Argus' global reach and scale, will offer users powerful market intelligence and insight'. Integer MD Cheyne (pictured) says the move is 'a natural cultural and strategic fit', and comments: 'we are excited to build on Argus' existing global expertise in commodity markets and leverage its technology and platform strengths to the benefit of our customers'.

Web sites are at www.argusmedia.com and www.integer-research.com .