Wood Mackenzie Expands Energy Transition Expertise With Acquisition of Roskill

Rhea-AI Summary

Wood Mackenzie Acquires Roskill

On June 18, 2021, Wood Mackenzie announced its acquisition of Roskill, a leader in metals and materials supply chain intelligence. This acquisition aims to enhance their analytical capabilities in battery raw materials, crucial for the energy transition. Neal Anderson emphasized the strategic importance of this integration. Valerie Purvis will lead the new Global Head of Metals & Mining role, expanding her current duties. The move aligns with global initiatives towards carbon neutrality and aims to improve insights for clients in evolving energy markets.

Positive

• Acquisition of Roskill enhances Wood Mackenzie's analytical capabilities in battery raw materials.
• Synergy expected from combining Roskill's market intelligence with Wood Mackenzie's insights.
• The acquisition positions Wood Mackenzie strategically for the energy transition and emerging markets.

Negative

• None.

Niche integration deepens battery raw materials analysis

EDINBURGH/LONDON, June 18, 2021 (GLOBE NEWSWIRE) -- Wood Mackenzie is pleased to announce its acquisition of Roskill, a privately-owned company and leader in metals and materials supply chain intelligence.

Neal Anderson, President of Wood Mackenzie, commented: “Combining Roskill’s capabilities with Wood Mackenzie reinforces our ability to provide comprehensive, integrated analysis across the energy, and metals and mining value chain. In particular, Roskill adds market-leading analysis, data, and insight on battery raw materials metals, which are an integral component of the energy transition.”

Wood Mackenzie, a Verisk business (Nasdaq:VRSK), also announced that Valerie Purvis has expanded her leadership remit and will be assuming the role of Global Head of Metals & Mining, including Roskill. This appointment is in addition to Valerie's current responsibility as Global Head of the Chemicals business, which she has successfully led for the last three years.

Valerie joined Wood Mackenzie as a research analyst in 1999 and, following an eight-year career outside of the business, returned in 2014 where she held a variety of roles before taking on the leadership of the Chemicals business.  She is also a member of Verisk’s Inclusion, Diversity & Belonging Leadership Council.

Commenting on the addition of Roskill, Purvis said: “Green growth stimulus packages and commitments to net carbon neutrality by many of the major economies and major companies are increasing the pace of the energy transition, with metals and materials being a critical enabler. Integrated, in-depth analysis of the value chain for these metals and materials is crucial to understanding the transition. I’d like to welcome the Roskill team as we add to the depth and breadth of the analysis, data and insight we provide for our customers as they evolve.” 

ENDS

Notes to editor:

For further information, please contact Wood Mackenzie’s Media Relations team:  
Sonia Kerr, Director – Head of Internal Communications & PR for Wood Mackenzie 
T: +44 330 174 7267, E: Sonia.Kerr@woodmac.com 

About Wood Mackenzie
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. We empower clients to make better strategic decisions, providing objective analysis and advice on assets, companies and markets. For more information, visit: www.woodmac.com or follow us on Twitter @WoodMackenzie
WOOD MACKENZIE is a trademark of Wood Mackenzie Limited and is the subject of trademark registrations and/or applications in the European Community, the USA and other countries around the world.

About Roskill
Roskill is a leader in critical materials supply chain intelligence, delivered through market reports, consulting, sustainability and cost analysis, and events. Formed in 1930, Roskill has a rich heritage in understanding complex commodities and is trusted by customers worldwide to deliver expert, meaningful insight. For more information, visit: https://roskill.com/

About Verisk
Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50^th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.com, LinkedIn, Twitter, Facebook and YouTube.

FAQ

What does Wood Mackenzie's acquisition of Roskill entail?

Wood Mackenzie acquired Roskill to enhance its capabilities in analyzing battery raw materials, vital for energy transitions.

When did Wood Mackenzie announce the acquisition of Roskill?

The acquisition was announced on June 18, 2021.

What is the significance of the Roskill acquisition for Wood Mackenzie (VRSK)?

The acquisition strengthens Wood Mackenzie's position in the energy sector and improves data insights related to critical materials.

Who will lead the new Metals & Mining division after the Roskill acquisition?

Valerie Purvis has been appointed as the Global Head of Metals & Mining, overseeing Roskill's operations.