StoneX to Acquire Plantureux et Associés, Enhancing Its Competitive Position in European Commodities Markets

Rhea-AI Summary

StoneX Group Inc. (NASDAQ: SNEX) has announced that its subsidiary, StoneX Financial Europe GmbH, will acquire Plantureux et Associés, a Paris-based agricultural commodities brokerage firm. The strategic acquisition aims to establish StoneX's presence in France, Europe's largest grain-producing region. Plantureux brings nearly 40 years of experience in agricultural commodities and strong relationships in the French cereal market.

The acquisition, subject to regulatory approval and customary closing conditions, follows StoneX's recent expansion in Europe through the acquisition of Octo Finances SA. This move strengthens StoneX's position in European agricultural commodities markets and enhances its ability to provide localized expertise and services to clients across the region.

Positive

• Strategic entry into France's agricultural market, Europe's largest grain producer
• Acquisition of a firm with 40 years of industry experience and established relationships
• Enhancement of local expertise and service capabilities in European commodities markets
• Expansion of StoneX's European presence following recent successful acquisitions

Negative

• None.

News Market Reaction

-0.79%

1 alert

-0.79% News Effect

On the day this news was published, SNEX declined 0.79%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LONDON, May 12, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (NASDAQ: SNEX); today announced that its wholly owned subsidiary, StoneX Financial Europe GmbH, has entered into a definitive agreement to acquire Plantureux et Associés (“Plantureux”), a Paris-based brokerage firm specializing in agricultural commodities across both the physical and derivatives markets.  The acquisition will provide StoneX with a strategic foothold in the French agricultural commodities market – Europe’s leading grain producing region.  

With nearly 40 years of experience in agricultural commodities, Plantureux is a respected intermediary in the French cereal market, known for its deep knowledge of the industry and its strong relationships between both buyer and seller. 

Completion of the acquisition is subject to regulatory approval and customary closing conditions.  

Ramon Martul, Chief Executive at StoneX Europe, commented: 

"As Europe’s largest grain producer, France represents a critical link in the global agricultural value chain. This acquisition will enhance our ability to deliver localized expertise and high-touch service to our clients." 

Brett Phillpott, Head of Exchange Traded Futures and Options at StoneX, remarked: 

"This acquisition marks a key step in our European growth strategy and will give us a strong local presence in France—an essential market for grains and commodities—and strengthen our ability to serve clients across the region." 

Liam Fenton, Global Head of Dairy and Food Group at StoneX added: 

“The acquisition of Plantureux will significantly strengthen our position in the European agricultural commodities market. We look forward to working closely with clients in France and across the region.” 

Xavier Durand-Viel, President of Plantureux et Associés, stated:

"We are proud to join the StoneX Group and look forward to accelerating our growth as part of a global platform. This transaction enhances our ability to serve clients while preserving the local relationships and expertise that define our business." 

This acquisition follows a series of strategic investments by StoneX Group in Europe. Earlier this year, StoneX Group expanded its fixed income capabilities in Europe through the successful acquisition of Octo Finances SA.   

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 global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service, and deep expertise. The Company strives to be the one trusted partner to its clients, providing its network, products, and services to allow them to pursue trading opportunities, manage their market risks, make investments, and improve their business performance. A Fortune-100 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 more than 54,000 commercial, institutional, and payments clients, as well as more than 400,000 self-directed/retail accounts, from more than 80 offices spread across six continents. Further information on the Company is available at www.stonex.com.

SNEX-G

Contact:
Mia Porter
Mia.Porter@StoneX.com

FAQ

What company is StoneX (SNEX) acquiring in France?

StoneX is acquiring Plantureux et Associés, a Paris-based brokerage firm specializing in agricultural commodities across both physical and derivatives markets.

Why is StoneX (SNEX) acquiring Plantureux et Associés?

The acquisition provides StoneX with a strategic foothold in the French agricultural commodities market, which is Europe's leading grain producing region, enhancing their ability to serve clients with local expertise.

What experience does Plantureux bring to StoneX (SNEX)?

Plantureux brings nearly 40 years of experience in agricultural commodities and is a respected intermediary in the French cereal market with strong buyer-seller relationships.

What other recent acquisitions has StoneX (SNEX) made in Europe?

Earlier in the year, StoneX expanded its European presence by acquiring Octo Finances SA to enhance its fixed income capabilities.

When will the StoneX (SNEX) acquisition of Plantureux be completed?

The completion of the acquisition is subject to regulatory approval and customary closing conditions; no specific completion date was provided.