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Argus Acquires FCC, Boosting Fertilizer Consulting Business

LONDON, Jan. 14, 2013 /PRNewswire/ -- Global energy and commodity price reporting agency Argus today 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."

Media contacts: London Seana Lanigan+44 20 7780 4272 seana.lanigan@argusmedia.com

Houston Gabriela Alcocer+1 713 429 6308 gabriela.alcocer@argusmedia.com

Singapore Jim Nicholson+65 6496 9960 singcom@argusmedia.com 

About Argus Media

Argus is an independent media organisation with nearly 500 full time staff. It is headquartered in London and has offices in each of the world's principal energy centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.

More than half of Argus' staff are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets. They operate according to a rigorous Editorial Code of Conduct and an Ethics Policy that align with best journalistic practice, including the avoidance of conflicts of interest.

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