Press Release IHS Inc. acquires 50 percent Ownership of Maritime Information Leader
Lloyd's Register-Fairplay announced today IHS Inc. (NYSE: IHS www.ihs.com) has acquired Prime Publications Limited, a 50 percent owner in the Lloyd's Register-Fairplay joint venture. The acquisition effectively makes IHS a 50-50 partner in Lloyd's Register-Fairplay. Lloyd's Register continues to own the other 50 percent. IHS has been in business for nearly 50 years, providing critical information and insight to governments and companies in a broad range of industries in 180 countries. IHS customer product and service solutions span four major areas of information: energy, environment, security and product lifecycle. IHS leadership across those four information domains is a strong strategic fit with Lloyd's Register-Fairplay's leadership in the maritime information industry. IHS and its brands, including Jane's, the leading global provider of open-source security and defense information, are respected and relied upon by companies and governments worldwide. IHS and Lloyds Register are committed to a partnership that continues to deliver the quality products and services our customers have come to expect from Lloyd's Register-Fairplay. With the added range of information and expertise of IHS, Lloyd's Register-Fairplay customers will benefit from an enhanced portfolio of business critical information services that improves our ability to serve customer needs. We will be communicating directly with our customers over the coming days and weeks with more details about this joint venture. In the meantime, please click here to read the IHS news release.
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