StoneX Group's Subsidiary, StoneX Financial Europe, Agrees To Acquire Plantureux et Associés; Terms Not Disclosed

STONEX GROUP INC +0.61%

STONEX GROUP INC

SNEX

86.19

+0.61%

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.  
 

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