Marex Acquire Agrinvest Commodities in Brazil

Marex Acquire Agrinvest Commodities in Brazil

Marex Group announced today that it has reached an agreement to acquire Agrinvest Commodities, a prominent Brazilian agricultural commodities business. The deal marks a strategic expansion of Marex’s footprint in the Americas and aims to diversify its earnings by adding new capabilities and clients.

Agrinvest operates as a key intermediary in Brazil’s physical agricultural markets, primarily dealing in corn and soybeans. In addition to facilitating trade, the company provides clients with consulting services on hedging strategies and commercial planning. The acquisition will give Marex a strong physical presence in Brazil, complementing its existing derivatives operations.

Marex Acquire Agrinvest Commodities in Brazil

With a client base of approximately 1,300 and a team of 100 employees, Agrinvest significantly enhances Marex’s capabilities in the Brazilian market. The move aligns with Marex’s broader strategy to deepen its presence in key commodity-producing regions.

“Brazil is a globally important commodity producer and a country where we have long sought to expand,” said Ian Lowitt, CEO of Marex. “Agrinvest’s team has built a successful business, and we look forward to supporting their growth while also introducing new services to their clients.”

So, Ram Vittal, CEO of the Americas at Marex, added, “This acquisition reinforces our commitment to growth across the Americas. Agrinvest strengthens our agricultural business and enhances our ability to serve one of the world’s most dynamic agricultural markets.”

Benedito Joao Gai Neto, CEO of Agrinvest, expressed enthusiasm about the deal: “Joining Marex provides us with the global reach and resources to grow our business and expand our service offerings. We’re excited about the opportunities ahead, both in Brazil and internationally.”

The transaction is subject to regulatory approvals and customary closing conditions.

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