Marex Group announced that it has agreed to acquire Agrinvest Commodities, a Brazilian agricultural business.
Marex Agrees Deal to Acquire Agrinvest Commodities
The move is said to be aimed at strengthening the company’s presence in the Americas and expanding its capabilities in physical commodity markets.
Agrinvest, based in Brazil, operates as an intermediary in agricultural markets such as corn and soybeans, while also offering consultancy services to help clients manage hedging strategies and commercial risks.
The acquisition will add approximately 1,300 clients and 100 employees to Marex’s operations.
“Brazil is a globally important commodity producer and is a country where we have been looking to expand,” said Marex CEO Ian Lowitt. “Agrinvest’s partners have built an impressive business, and we see great potential in supporting their future growth across Brazil.”
The acquisition marks Marex’s entry into the Brazilian physical commodities space, complementing its existing derivatives operations in the region.
Ram Vittal, CEO of the Americas at Marex, said the deal reinforced the group’s commitment to growth: “The addition of Agrinvest strengthens our agricultural business and broadens our capabilities, allowing us to expand in one of the world’s most dynamic agriculture markets.”
Agrinvest CEO Benedito Joao Gai Neto stated: “As part of Marex, we will have the support we need to expand our business and the services we can offer our clients in this exciting region, and also in other countries.”
