Forest products information provider, RISI, acquires wood price reporting agency Random Lengths4 September 2018
Risi Inc, a leading information provider for the global forest products industry, has announced that its parent company, Euromoney Institutional Investor Plc, has acquired Randon Lengths, a leading price reporting agency (‘PRA’) for the wood products industry.
Founded in 1944, Random Lengths provides unbiased and consistent price assessments and market reporting for the global wood products industry, with a core focus on the North American lumber and panels markets, publishing over 1,500 prices each week. Random Lengths will compliment and expand Risi’s existing wood products price reporting.
“Combining Random Lengths with RISI and Euromoney’s commodities price reporting organisation
is an exciting step,” said Jon Anderson, president of Random Lengths. “It enables Random Lengths’ customers and the market to continue relying on our price guides and market information, while enhancing Random Lengths’ business with RISI’s and Euromoney’s extensive resources and worldwide footprint.”