Global commodity information service Argus has purchased Agritel, provider of information, consulting and forecasting on agricultural and agro-industrial markets
Agritel offers data and analysis tools to help farmers and agro-industrial companies manage risk in agricultural commodity markets.
Argus Media chairman and chief executive Adrian Binks said, “We have long been an admirer of the way it has developed essential services for the agricultural sector and as we grow our portfolio of services to complement our existing offerings in adjacent sectors of fertiliser and biofuels, we know that their team will be a huge asset in delivering value for clients.”
“Argus' knowledge and experience in the field of energy and commodities price reporting offer synergies and opportunities for us to implement new solutions in agricultural markets,” Agritel director general Michel Portier added.
Portier further explained that the two companies share common values, which was crucial in making the decision to join.
“A customer-oriented strategy and a commitment to editorial independence are vital, as is the importance of a rigorous and regulatorily compliant methodology,” Portier added.
