RISI to acquire Random LengthsRISI, Inc., a leading information provider for the global forest products industry, has announced that its parent company, Euromoney Institutional Investor PLC, has acquired Random Lengths, a leading price reporting agency ("PRA") for the wood products industry.
Founded in 1944, Random Lengths provides unbiased and consistent price assessments and market reporting for the global wood products industry, with a core focus on the North American lumber and panels markets, publishing over 1,500 prices each week. Random Lengths will compliment and expand RISI's existing wood products price reporting.
"Random Lengths is a leading source for prices in the lumber and panel markets, with a rich history of delivering trusted, unbiased insights," said Daniel Klein, CEO of RISI. "We are excited for customers and the market to receive the most comprehensive offering of pricing data and information across the entire forest products supply chain, through the combination of RISI and Random Lengths, and as a core part of Euromoney's cross-commodity PRA division."
More information about the acquisition can be found here.
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