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StoneX Group has agreed to acquire Plantureux et Associés, a Paris-based agricultural commodities brokerage, as the US financial services firm looks to expand its presence in European grain markets.
The acquisition will be completed by StoneX Financial Europe GmbH, a wholly owned subsidiary of the NASDAQ-listed group. Financial terms of the deal were not disclosed, though the transaction is subject to regulatory approval and customary closing conditions.
Plantureux specialises in agricultural commodities trading across both physical and derivatives markets, with nearly 40 years of experience in the French cereal sector. The firm operates as an intermediary in the French agricultural market, facilitating transactions between buyers and sellers through established industry relationships.
France represents Europe's largest grain producing region, making it a strategic market for international commodities firms. The acquisition will provide StoneX with direct access to this market through Plantureux's local expertise and client base.
"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 localised expertise and high-touch service to our clients," said Ramon Martul, Chief Executive at StoneX Europe.
"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," added Brett Phillpott, Head of Exchange Traded Futures and Options at StoneX.
"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," stated Liam Fenton, Global Head of Dairy and Food Group at StoneX.
Xavier Durand-Viel, President, Plantureux et Associés
Xavier Durand-Viel, President of Plantureux et Associés, said the deal would accelerate the firm's growth as part of a global platform. "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," he commented.
The acquisition forms part of StoneX's broader European expansion strategy. Earlier this year, the group enhanced its fixed income capabilities in Europe through the acquisition of Octo Finances SA.
