Vaisala Acquires Speedwell Climate Ltd
September 11, 2024
Vaisala has agreed to acquire Speedwell Climate Ltd to expand its subscription-based data offerings and enter the insurance climate risk-transfer market. Speedwell, headquartered in Harpenden, United Kingdom, reported net sales close to GBP 4 million in 2023 and about 24 professionals will transfer to Vaisala; the deal is expected to close in Q4 2024 subject to regulatory approval.
- Buyers
- Vaisala
- Targets
- Speedwell Climate Ltd
- Industry
- Data & Analytics
- Location
- Hertfordshire, United Kingdom
- Transaction Type
- Buyout
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