IHS acquires Purvin & Gertz

IHS acquires Purvin & Gertz

10:03 PM, 18th November 2011
IHS acquires Purvin & Gertz
Jerre Stead, Chairman and CEO, IHS.


ENGLEWOOD, US: IHS Inc has acquired Purvin & Gertz Inc, a well-established global advisory and market research firm that provides technical, commercial and strategic advice to international clients in petroleum refining, natural gas, natural gas liquids, crude oil and petrochemical industries. Financial terms of the acquisition were not disclosed.

“Purvin & Gertz is an excellent strategic fit for IHS, enabling increased depth and breadth of coverage of oil, gas, refining and petrochemical market fundamentals, allowing us to provide our customers with critical information and insight across the entire energy value chain. The type of focused, actionable analysis and deep industry knowledge that this acquisition brings to our product and service portfolio is critical to senior executives and other key decision makers,” said Jerre Stead, Chairman and CEO, IHS.

Purvin & Gertz has become a preferred source for key energy market information, in-depth analysis and forecasts for supply, demand and pricing of energy product. “We are excited to bring our extensive experience to IHS to help the company deliver even more comprehensive downstream energy and petrochemical content and analysis to its customers,” said William Sanderson, President, Purvin & Gertz.

More than 80 industry analysts and other professionals join IHS as a result of this acquisition. “Purvin & Gertz extends our upstream capabilities, strengthens our downstream capabilities and enhances our chemical business for complete coverage across the entire energy value chain,” said Kevin Raby, Vice President-Global Services, IHS.

(C) WOC News




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