StoneX Acquires Right Corp, Expanding Global Trading Capabilities to Include Wholesale Meat Supply and Distribution
StoneX Group (NASDAQ: SNEX) has completed the acquisition of Right Corporation, a Bozeman-based physical meat-trading company. The strategic acquisition expands StoneX's capabilities into physical meat trading and enhances its global trading operations.
Right Corporation's founder Leslie Wright will maintain a leadership role at StoneX Commodity Solutions (SCS). The deal strengthens StoneX's presence in the protein space, complementing its existing OTC swap desk operations with physical supply and trading capabilities.
The acquisition enables Right Corporation to expand its international reach to Brazil, Argentina, Australia, and New Zealand, adding to its existing presence in Mexico, Europe, the Caribbean, and Southeast Asia. Clients will gain access to enhanced services including OTC and physical commodities hedging, financing solutions, and logistics support.
StoneX Group (NASDAQ: SNEX) ha completato l'acquisizione di Right Corporation, una società di commercio fisico di carne con sede a Bozeman. Questa mossa strategica amplia le competenze di StoneX nel trading fisico di carni e potenzia le sue attività di trading a livello globale.
Il fondatore di Right Corporation, Leslie Wright manterrà un ruolo di leadership in StoneX Commodity Solutions (SCS). L'accordo rafforza la posizione di StoneX nel settore delle proteine, integrando le attività esistenti del desk OTC swap con capacità di approvvigionamento e trading fisico.
L'acquisizione permette a Right Corporation di estendere la propria presenza internazionale in Brasile, Argentina, Australia e Nuova Zelanda, ampliando la sua rete oltre a Messico, Europa, Caraibi e Sud-est asiatico. I clienti avranno accesso a servizi potenziati, tra cui coperture OTC e fisiche sulle materie prime, soluzioni di finanziamento e supporto logistico.
StoneX Group (NASDAQ: SNEX) ha completado la adquisición de Right Corporation, una empresa de comercialización física de carne con sede en Bozeman. Esta adquisición estratégica amplía las capacidades de StoneX en el comercio físico de carne y refuerza sus operaciones comerciales a nivel global.
El fundador de Right Corporation, Leslie Wright mantendrá un puesto de liderazgo en StoneX Commodity Solutions (SCS). El acuerdo fortalece la presencia de StoneX en el sector proteico, complementando su mesa de swaps OTC con capacidades de abastecimiento y comercio físico.
La adquisición permite a Right Corporation ampliar su alcance internacional a Brasil, Argentina, Australia y Nueva Zelanda, sumándose a su presencia actual en México, Europa, el Caribe y el sudeste asiático. Los clientes obtendrán acceso a servicios mejorados, incluidos coberturas OTC y físicas de materias primas, soluciones de financiación y apoyo logístico.
StoneX Group (NASDAQ: SNEX)가 보즈먼에 본사를 둔 육류 물리거래 회사인 Right Corporation 인수를 완료했습니다. 이번 전략적 인수로 StoneX는 육류 물리거래 역량을 확장하고 글로벌 트레이딩 운영을 강화하게 됐습니다.
Right Corporation의 설립자 레슬리 라이트(Leslie Wright)는 StoneX Commodity Solutions(SCS)에서 리더십 역할을 계속 수행합니다. 이번 거래는 StoneX의 단백질(프로틴) 분야 입지를 강화하며 기존의 OTC 스왑 데스크 운영을 물리적 공급 및 트레이딩 역량으로 보완합니다.
이번 인수로 Right Corporation은 브라질, 아르헨티나, 호주 및 뉴질랜드로 국제적 범위를 확대해 멕시코, 유럽, 카리브해 및 동남아시아에 이은 추가 네트워크를 확보하게 됩니다. 고객은 OTC 및 물리적 원자재 헤지, 자금조달 솔루션 및 물류 지원 등 향상된 서비스를 이용할 수 있습니다.
StoneX Group (NASDAQ: SNEX) a finalisé l'acquisition de Right Corporation, une société de négoce physique de viande basée à Bozeman. Cette acquisition stratégique étend les compétences de StoneX au négoce physique de viande et renforce ses activités commerciales à l'échelle mondiale.
Le fondateur de Right Corporation, Leslie Wright conservera un rôle de direction au sein de StoneX Commodity Solutions (SCS). L'accord renforce la présence de StoneX dans le secteur des protéines, en complétant son desk OTC de swaps par des capacités d'approvisionnement et de négoce physiques.
Cette acquisition permet à Right Corporation d'étendre son rayonnement international vers le Brésil, l'Argentine, l'Australie et la Nouvelle-Zélande, en plus de sa présence actuelle au Mexique, en Europe, dans les Caraïbes et en Asie du Sud-Est. Les clients bénéficieront de services améliorés, notamment des couvertures OTC et physiques sur matières premières, des solutions de financement et un soutien logistique.
StoneX Group (NASDAQ: SNEX) hat die Übernahme von Right Corporation, einem in Bozeman ansässigen Unternehmen für physischen Fleischhandel, abgeschlossen. Die strategische Akquisition erweitert StoneX' Fähigkeiten im physischen Fleischhandel und stärkt seine globalen Handelsaktivitäten.
Der Gründer von Right Corporation, Leslie Wright wird eine Führungsrolle bei StoneX Commodity Solutions (SCS) behalten. Der Deal festigt StoneX' Präsenz im Proteinbereich und ergänzt das bestehende OTC-Swap-Desk um physische Beschaffungs- und Handelskapazitäten.
Durch die Übernahme kann Right Corporation seine internationale Reichweite auf Brasilien, Argentinien, Australien und Neuseeland ausdehnen und baut damit auf der bisherigen Präsenz in Mexiko, Europa, der Karibik und Südostasien auf. Kunden erhalten Zugang zu erweiterten Dienstleistungen, darunter OTC- und physische Rohstoffabsicherungen, Finanzierungslösungen und logistische Unterstützung.
- Expansion into physical meat trading with established client base
- Geographic expansion into key markets including Brazil, Argentina, Australia, and New Zealand
- Integration of physical trading with existing OTC swap desk operations
- Retention of Right Corp's founder Leslie Wright in leadership position
- Access to StoneX's capital, institutional strength, and global network
- Integration challenges of merging operations and systems
- Exposure to volatile meat commodity markets amid small US cattle herds
Insights
StoneX's acquisition of Right Corp strengthens its protein trading capabilities, offering vertical integration and global expansion opportunities.
StoneX Group's strategic acquisition of Right Corporation represents a significant vertical integration move within its commodity trading operations. By acquiring this physical meat-trading company, StoneX is bridging the gap between its existing financial services in commodity trading and the actual physical trading markets.
The acquisition offers three key strategic advantages: First, it provides StoneX direct access to physical meat supply chains, complementing their existing OTC swap desk that offers financial hedges. Second, it instantly delivers an established client base of independent meat packers, distributors, and end-users. Third, it creates cross-selling opportunities by allowing StoneX to offer its broader financial services to Right Corp's clients.
Particularly noteworthy is the international expansion strategy outlined in the announcement. Right Corp will gain access to additional sourcing from major meat-producing nations including Brazil, Argentina, Australia, and New Zealand. This global sourcing capability addresses a critical market challenge - the US faces shrinking cattle herds despite growing protein demand. The expanded international reach positions StoneX to capitalize on global protein trade flows at a time when domestic supply constraints are intensifying.
The retention of founder Leslie Wright in a leadership role suggests StoneX recognizes the value of maintaining relationship continuity with existing clients while providing the capital resources needed for significant expansion. This blend of established industry expertise with StoneX's financial capabilities and global network creates a compelling platform for accelerated growth in the physical meat trading sector.
NEW YORK, Sept. 04, 2025 (GLOBE NEWSWIRE) -- StoneX Commodity Solutions (SCS), a subsidiary of StoneX Group Inc. (NASDAQ: SNEX) ("StoneX"), announced today the completion of its acquisition of Right Corporation, a Bozeman, MT physical meat-trading company.
The acquisition enhances StoneX’s global trading capabilities, extends Right Corporation’s market reach and capitalizes the company for growth. With StoneX’s support, Right Corporation intends to build on relationships with existing suppliers, traders and end-users. Additionally, Right Corporation’s physical supply and trading capability will allow StoneX to provide pricing services that are currently offered through its OTC swap desk, which provides financial hedges on meat cuts to packers and end-users.
Founded in 2000, Right Corporation provides trading and logistics services for independent meat packing operations, distributors, and end-users. Under the leadership of owner Leslie Wright, the company has built a strong reputation for customer service. Wright, who has deep industry expertise and long-standing relationships, will continue in a leadership role with StoneX Commodity Solutions.
Right Corporation owner Leslie Wright said:
“We couldn’t be happier with the outcome of this acquisition. It provides Right Corp with greater access to capital and our clients with the institutional strength and resources of StoneX. With our combined capabilities and the growth capital to scale, we’re excited about the opportunities ahead.”
Brent Grecian CEO and President of SCS, commented:
“This acquisition expands StoneX into physical meat trading, secures a meaningful client base and enhances our ability to serve processors, packers, distributors and end-users with greater scale, efficiency, and value. Right Corp recognized the value we bring through our systems, financial strength, and global network of employees and clients. We aim to expand the Right Corp business significantly in the coming years. We are very pleased that Leslie, the driving force behind Right Corp, has chosen to continue with StoneX in a leadership role.”
As a result of the acquisition, Right Corporation will expand its international reach with additional sourcing opportunities from Brazil, Argentina, Australia, and New Zealand, complementing its existing sales channels in Mexico, Europe, the Caribbean, and Southeast Asia.
Ryan Turner, Regional Director, Commercial Ag for StoneX, said:
“The addition of Right Corp expands our capabilities and will provide our clients even greater access to price risk management products and services in the protein space. The combination of Right Corp and StoneX will also open international expansion beyond the regions where Right Corporation already does business. With the US facing small cattle herds and increasing protein demand, having expanded global supply sources is crucial for serving the needs of our clients.”
Right Corporation clients will also benefit from StoneX’s extensive product offering, gaining access to OTC and physical commodities hedging, financing solutions, logistics support, and deep liquidity across fixed income products.
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the international markets ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch support, and deep expertise. The company strives to be the trusted partner of choice for its clients, offering its network, products, and services to help them pursue trading opportunities, manage market risk, make informed investments, and enhance business performance.
A Fortune 50 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ: SNEX), StoneX Group Inc. and its more than 4,700 employees serve over 54,000 commercial, institutional, and payments clients, as well as more than 260,000 retail accounts, across more than 80 offices on six continents. Further information is available at www.stonex.com.
About Right Corporation
Founded in 2000, Right Corporation is a meat supply and trading business owned by Leslie Wright, headquartered in Bozeman, MT, with offices across the United States. The business focuses on beef products, but also trades in pork, poultry, and seafood. While its current operations are mostly domestically focused, Right Corporation has existing sales channels in Mexico, Europe, the Caribbean, and Southeast Asia.
StoneX Group Inc.
Investor relations inquiries:
Kevin Murphy
kevin.murphy@stonex.com
Media inquiries:
Cognito Media Group
stonex@cognitomedia.com
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