Fastmarkets to acquire Hardwood Market Report.

Fastmarkets, a cross-commodity price reporting agenc, agreed to acquire Hardwood Market Report, a price reporting agency offering prices and news on sawn North American and tropical hardwoods. Financial terms were not disclosed. "I am excited to welcome the customers and team from Hardwood Market Report to Fastmarkets. Hardwood Market Report is a business built on trust and credibility in providing transparency for the markets it serves. At Fastmarkets, we have built our business on these pillars, and we believe this will be an exciting opportunity to provide the hardwood industry with new products and services," Raju Daswani, Fastmarkets CEO.