Progressive Digital Media buys beverage researcher Canadean

Canadean was founded in 1973 by Kelsey van Musschenbroek, a former Financial Times journalist. The company produces quarterly and annual reports on the beverage markets, including soft drinks, dairy and beer, and offers a range of consulting services.

It employs 130 staff and consultants and reported annual revenue last year of £6.4m.

Following the acquisition, van Musschenbroek (pictured) has joined the PDM board as a non-executive director.

PDM owns the online fieldwork agency ID Factor and full-service research consultancy ICD.