Vaisala completes acquisition of Speedwell Climate Ltd to expand subscription-based business
Acquiring Company
Vaisala
Acquired Company
Speedwell Climate Ltd
Vantaa
HertfordEnergyRenewable EnergyDescription
Vaisala has expanded its subscription-based business by strategically acquiring Speedwell Climate Ltd, a leader in climate and environmental risk transfer. This acquisition enables Vaisala to enter the insurance segment with tools for organizations to protect themselves from financial losses caused by weather-related uncertainties, strengthening Vaisala's position as a global leader in measurement instruments and intelligence for climate action.
Quick answer
Vaisala is acquiring Speedwell Climate Ltd, announced September 11, 2024. Vaisala is based in Vantaa, Uusimaa, Finland.
- How much did Vaisala pay for Speedwell Climate Ltd?
- The deal value was not disclosed.
- What does Vaisala do?
- Vaisala is a global leader in measurement instruments and intelligence for climate action.
- Where are Vaisala and Speedwell Climate Ltd based?
- Vaisala is based in Vantaa, Uusimaa, Finland. Speedwell Climate Ltd is based in Hertford, Hertfordshire, United Kingdom.
- Who are the decision-makers at Vaisala?
- Fundz holds 1 contact at Vaisala. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Speedwell Climate Ltd?
Speedwell Climate Ltd was acquired by Vaisala, based in Vantaa. The deal was reported on September 11, 2024. Vaisala is a global leader in measurement instruments and intelligence for climate action. Vaisala is privately held and operates in Energy.
When did Vaisala acquire Speedwell Climate Ltd?
Vaisala's acquisition of Speedwell Climate Ltd was reported on September 11, 2024. Vaisala has expanded its subscription-based business by strategically acquiring Speedwell Climate Ltd, a leader in climate and environmental risk transfer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Speedwell Climate Ltd do?
Speedwell Climate Ltd is a leader in climate and environmental risk transfer, providing data and software to structure, price, and settle index-based climate risk transfer contracts. It is privately held, operating in Renewable Energy, and is based in Hertford.
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