Euromoney Institutional Investor to acquire The Jacobsen for $12m.

Euromoney Institutional Investor, the global B2B information services provider of price discovery, essential market intelligence and events, agreed to acquire The Jacobsen, which provides price assessments and forecasts, for $12m. This is a highly complementary, strategic bolt-on acquisition for the group's PRA business which accelerates its 3.0 strategy. The Jacobsen adds scale to Fastmarkets' position in agriculture following the recent acquisition of AgriCensus. The combination of complementary prices and markets alongside Fastmarkets' investment in technology, systems and people will underpin the growth of the businesses.