B2B information. Commodity price reporting agency Argus Media has acquired Integer Research, a London-based provider of market intelligence to the fertilizer, industrial chemicals and wire and cable industries. Terms of the transaction were not disclosed. Argus, which has some 950 staff (50% editorial), and is also headquartered in London, produces price assessments and analysis of international energy and other commodity markets, and offers consulting services and conferences. The company was founded in 1970 by Jan Nasmyth, a former UK Treasury official, as a weekly newsletter called Europ-Oil Prices covering European petro markets. It created the ASCI (sour crude index), which Saudi Arabia now uses to price exports to the US. In 2016, General Atlantic private equity acquired a 52% shareholding in a deal which valued Argus at $1.4bn. The remaining shares are owned by staff. In the year to 30 June 2017, the company had £70m revenue with a 68% EBITDA profit margin. It claimed to have 6,000 customers (mainly subscribers) in 140 countries but was some 75% dependant on the UK and Europe.
Argus acquires Integer Research
