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Marex Group to acquire Agrinvest Commodities, terms not disclosed

Marex Group (MRX) has agreed to acquire Agrinvest Commodities, a Brazilian agricultural commodities business. This acquisition will expand Marex’s operations in the Americas and add new capabilities and clients to diversify earnings. Agrinvest acts as an agent connecting buyers and sellers in physical agricultural markets including corn and soybeans. It also provides its clients with consulting support to understand their hedging options and commercial strategies within these agricultural markets. Acquiring Agrinvest gives Marex physical commodities capabilities in Brazil, in addition to its existing derivatives operations. With about 1,300 clients and 100 employees, Agrinvest augments Marex’s current Brazilian business.

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