London 6/6/13 - ICIS, a leading global provider of energy market information and a division of Reed Business Information, today announced an agreement to acquire Tschach Solutions GmbH, a specialist carbon market analytics company based in Karlsruhe, Germany.
The company has quickly established a strong reputation for carbon market analytics and price forecasting and the acquisition will deepen ICIS’ global energy market analytical capabilities.
Tschach Solutions, founded in 2010, offers a comprehensive portfolio of data, information and analytics products for the carbon market. Products include short and long-term price forecasts, which combine analysis of market fundamentals, policy and trading behaviour in the EU Emissions Trading Scheme (ETS) and the global Clean Development Mechanism (CDM). Tschach Solutions produces a range of data, delivered through online, written report and consulting propositions.
“Tschach Solutions is a fast growing business whose approach to market analysis has proved highly effective. This acquisition increases ICIS capability in short and long-term energy market analysis,” said Christopher Flook, Managing Director of ICIS. “Our collective capabilities will provide customers with unique insights”.
Dr Ingo Tschach, Managing Director of Tschach Solutions added that “ICIS’ strong position across the energy information market, coupled with its extensive sales and marketing capability, provides the opportunity to accelerate our plans for future growth. As part of ICIS, we are better positioned to capitalise on the increasing need for carbon market data and analysis”.
For further information contact: Justine Gillen, firstname.lastname@example.org