15th Dec 2021 21:31
GlobalData PLC - data analytics and consulting company - Acquires LMCA Holdings Ltd and LMCI Holdings Ltd, which provides data and analytics into the automotive and agribusiness markets, for an undisclosed sum, though it will be funded through existing facilities.
"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 realizing synergies, as well as the ability to enhance product capabilities," says Chief Executive Officer Mike Danson.
Current stock price: 1,360.00 pence
Year-to-date change: down 1.4%
By Dayo Laniyan; [email protected]
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