Mintech, a private equity investment of Schroder British Opportunities Trust (SBO) and the leading global provider of price data, analytics, and forecasts for agri-food, announced the acquisition of AgriBreifing. The company specialises in agri-food supply chains and the combined group will have a strengthened financial profile, product offering and customer base, providing:
- The largest portfolio of agri-food commodity data assets spanning 650 commodities across 21,000 time series, including benchmarks globally.
- A growing footprint in North America, Europe, and Asia, with the U.S. its largest and fastest growing market.
- An increased capacity to deliver market insight, price intelligence and analytics across supply chains for procurement, risk management and financial services.
SBO gained exposure to Mintec in May 2021 via Schroders’ long-standing investment partner Synova, who first invested in the company in December 2017 and have supported it through a period of rapid growth, technological development, and international expansion. This latest acquisition builds on Mintec’s previous acquisitions of Kairos Commodities and CommoPrices.
Tim Creed and Rory Bateman, portfolio managers of the company, commented: “We are delighted to see the announcement of this acquisition which will establish the world’s largest price reporting agency focused on agri-foods. The combined business has considerable future growth potential, made possible by its unrivaled data assets, expanded geographic reach, and increased capacity to serve its customers.”.
SBO : Schroder British Opportunities holding, Mintech, announces acquisition