LONDON, June 6, 2013 /PRNewswire/ --
ICIS, a leading global provider of energy market information and a division of Reed Business Information, today announced an agreement to acquire Tschach Solutions GmbH, a specialist carbon market analytics company based in Karlsruhe, Germany.
The company has quickly established a strong reputation for carbon market analytics and price forecasting and the acquisition will deepen ICIS' global energy market analytical capabilities.
Tschach Solutions, founded in 2010, offers a comprehensive portfolio of data, information and analytics products for the carbon market. Products include short and long-term price forecasts, which combine analysis of market fundamentals, policy and trading behaviour in the EU Emissions Trading Scheme (ETS) and the global Clean Development Mechanism (CDM). Tschach Solutions produces a range of data, delivered through online, written report and consulting propositions.
"Tschach Solutions is a fast growing business whose approach to market analysis has proved highly effective. This acquisition increases ICIS capability in short and long-term energy market analysis," said Christopher Flook, Managing Director of ICIS. "Our collective capabilities will provide customers with unique insights".
Dr Ingo Tschach, Managing Director of Tschach Solutions added that "ICIS' strong position across the energy information market, coupled with its extensive sales and marketing capability, provides the opportunity to accelerate our plans for future growth. As part of ICIS, we are better positioned to capitalise on the increasing need for carbon market data and analysis".
For further information contact: Justine Gillen, firstname.lastname@example.org
ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have over 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.
With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.
About Tschach Solutions GmbH
Tschach Solutions is an independent carbon market analytics specialist, based in Karlsruhe, Germany. Employing a team of expert analysts, the company offers extensive, high-quality data and forecasts on all relevant areas of carbon trading.
About Reed Business Information
Reed Business Information brings market leading brands to an audience of millions of decision makers worldwide through its multi-platform media of data services, online lead generation services, community websites, magazines and events. Reed Business Information is part of Reed Elsevier, a world leading provider of professional information solutions in the Science, Medical, Legal and Risk and Business sectors.