Argus acquires FCC, boosting fertilizer consulting business

Global energy and commodity price reporting agency Argus announced the acquisition of Fertilizer and Chemical Consultancy (FCC), a provider of long-term outlooks and strategic consulting for fertilizer markets.

 

FCC was founded in 2004 by Bernard Brentnall and Frances Wollmer , who between them have 50 years of experience in the fertilizer industry. Argus previously had a 49pc stake in FCC, which it acquired when it purchased leading fertilizer price reporting agency FMB in June 2011. Argus has now bought the remaining shares in FCC. Bernard and Frances will join Argus as principals, Fertilizer Consulting Services.

 

Argus Media chairman and chief executive Adrian Binks said: "We are delighted to bring FCC wholly into Argus. Bernard and Frances are well respected professionals with extensive experience and knowledge on fertilizer and fertilizer raw material markets. They are a welcome addition to both our fertilizer service range and our global consulting team."

 

Frances Wollmer added: "We are looking forward to developing fertilizer consultancy services further using Argus' global resources. There is a growing need for intelligent and relevant insight in our industry and we are now even better equipped to deliver that to our growing number of customers."