Announced

Completed

Forest2Market-backed ResourceWise completed the acquisition of Wood Resources International.

Synopsis

Forest2Market-backed ResourceWise, a group of companies that provide data, analytics, and market insight to natural resource-based commodity markets, completed the acquisition of Wood Resources International, an internationally recognized forest industry consulting firm. Financial terms were not disclosed. "The addition of WRI to the ResourceWise family supports our long-term objective to be the leading source of data and analytics platforms to a range of global commodity markets. With the acquisition of WRI, ResourceWise gains not only Ekström's more than 30 years of global forest products industry experience, but also wood fiber price data for more than 20 countries over the course of 25+ years. This data will augment the data that Forest2Market has collected in North America for 22 years, and Ekström's expertise will allow us to more robustly cover the analytics and consulting needs of our customers worldwide," Pete Stewart, ResourceWise CEO.

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