As a result of this transaction, RISI is now effectively owned and controlled 100% by UBM.
RISI provides market data, pricing, news, forecasts, analysis and benchmarking services on the global forest product industry. The company is also a leading provider of marketing services in the sector through its events, magazines and websites.
These online and printed products and services are essential to the strategic planning and workflow of businesses operating throughout the forest product industry, as well as the industry’s suppliers and customers, says RISI. RISI’s headquarters are based in Bedford, Mass. with principal satellite offices in Brussels, San Francisco, Atlanta, São Paulo, and Shanghai.
UBM also formally confirms the appointment of Mike Coffey as RISI’s Chief Executive Officer. Mike joined RISI as Chief Information Officer in April 2007 and has more recently served as the business's Chief Operating Officer. Mike brings an unwavering customer focus to RISI, says the company, and a commitment to expanding RISI’s portfolio to ensure it has the highest quality content, data, and marketing services products in the forest products sector. Mike succeeds John Day who was appointed to the post of Chief Executive Officer of UBM Global Trade in May 2009.
Mike Coffey, Chief Executive Officer of RISI said, “I’m thrilled about the UBM investment in RISI. UBM is a high quality organization that is committed to RISI and the forest products space through us. UBM has additional resources to add to our already healthy business and the ability to help foster our development in key content areas and ensure that we are evolving at a pace our customers need.”
About RISI
RISI says: “RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, wood products, tissue, timber, non-wovens, printing and publishing industries to help them make better decisions. Headquartered in Boston (Bedford), Massachusetts, RISI operates offices in Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland, Oregon; São Paulo, Brazil; Shanghai, China; Singapore; Helsinki, Finland; and Charlottesville, Virginia."
About UBM
UBM says: “UBM focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM’s businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently."
