Industry intelligence specialist makes “gold standard” double acquisition
London based industry intelligence specialist GlobalData PLC has announced the acquisition of both LMCA Holdings Limited and LMCI Holdings Limited.
LMCA and LMCI provide data, analytics, and insights for the Automotive and Agribusiness markets respectively.
These acquisitions follow on from a Life Sciences acquisition earlier this year, and reflect a further increase in GlobalData’s strategy to strengthen and expand its industry coverage and intelligence capabilities.
The company’s “One Platform” approach to data, analytics, and insights puts it in a position to fully integrate, scale, and develop bolt-on acquisitions such as these.
Mike Danson, chief executive officer, commented: “The Automotive and Agribusiness acquisitions represent strategic bolt-ons and the high quality gold standard content adds depth and further breadth to our intelligence offering.
“Our confidence in the success of these additions, as well as future M&A, is underpinned by the advantage of our One Platform model. It provides multiple levers for realising synergies, as well as the ability to enhance product capabilities.
“The additions allow us to demonstrate the capability of our platform to new clients, as well as leveraging the operating efficiencies of scale.”
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