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StoneX Group Inc. (NASDAQ:SNEX); today announced that its wholly owned subsidiary, StoneX Financial Europe GmbH, has entered into a definitive agreement to acquire Plantureux et Associés ("Plantureux"), a Paris-based brokerage firm specializing in agricultural commodities across both the physical and derivatives markets. The acquisition will provide StoneX with a strategic foothold in the French agricultural commodities market – Europe's leading grain producing region.
Completion of the acquisition is subject to regulatory approval and customary closing conditions.
This acquisition follows a series of strategic investments by StoneX Group in Europe. Earlier this year, StoneX Group expanded its fixed income capabilities in Europe through the successful acquisition of Octo Finances SA.
Posted In: SNEX
