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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRX:
- Marex Group Announces AGM Results and Board Changes
- Marex Group 5.2M share Block Trade priced at $43.55
- Marex Group plc: Strong Growth Potential and Strategic Expansion Drive Buy Rating
- Marex Group price target raised to $54 from $45 at Keefe Bruyette
- Marex Group Reports Strong Q1 2025 Financial Results
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue