Get Custom Quotes, Info & More from Multiple Providers At Once.
November 1, 2022

StoneX Expands Commodities Trading Business with Acquisition of Cotton Distributors Inc

November 1, 2022 - StoneX Group Inc announced that it has expanded its cotton trading and hedging capabilities through the acquisition of CDI-Societe Cotonniere De Distribution.

Founded in 1957, CDI operates a global cotton merchant business with a strong network of producers in Brazil and West Africa, and buyers in the APAC region. CDI is headquartered in Lausanne, Switzerland with an office in Brazil. CDI has a successful track record of opening new outlets for cotton and has been trading in cotton from these geographies for over 20 years.

Fabio Solferini, CEO of StoneX Brazil commented: “CDI’s strong history and market presence make them a great fit for StoneX, especially in Brazil which is on-track to become the top producing market of cotton. This transaction brings further value to StoneX’s commodities trading business through greater access to established and emerging markets, enhanced trading and hedging capabilities, and an experienced team of industry professionals.”

Laurent Peyre, CEO of CDI commented: “Joining StoneX will provide CDI’s customers with access to an expanded global network of trading and hedging services, backed by a well-established brand. CDI is proud to be joining the StoneX Group. We are excited for this new era for our company, and for our customers who will continue to receive the same level of quality service.” Mr. Peyre will remain with StoneX.

Sean O’Connor, CEO of StoneX commented: “StoneX is committed to identifying strategic opportunities and investments that deliver growth for our business, and value to our customers and investors. We are pleased to welcome CDI and its employees to StoneX Group and look forward to the contributions they will make towards these commitments.”

StoneX offers a portfolio of products and services to service the commodity risk needs of corporations, commercial hedgers and cooperatives globally. The primary function of StoneX’s cotton specialists is assisting customers with price exposure in the world of physical trading. StoneX’s Integrated Risk Management Program (IRMP) allows the Company to become more closely involved with customers and their needs.

The acquisition closed on October 31. Financial terms of the transaction were not disclosed.

Require Some Guidance in Finding The Right Provider?

Let One of Our Experts Help!

Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!

Get Started


LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.

If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at

Be First To Comment.
Featured News on LiquidityFinder
Latest News on LiquidityFinder

To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.

LiquidityFinder & Our Partners

Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.