Home›Commodities›Energy Transition›StoneX buys Advanced Marketing Group to expand feed in…

StoneX buys Advanced Marketing Group to expand feed ingredients

The acquisition broadens StoneX Supply & Trading’s feed-ingredients platform with animal-based protein underliers, and adds AMG’s customer and geographic footprint across North America.

Reported · Written up by our desk · Energy Transition

StoneX Group Inc. has acquired Advanced Marketing Group LLC as it expands its feed-ingredients trading and physical commodities capabilities, the firm said in an Aug. 19 announcement.

Advanced Marketing Group is a merchandiser of ingredients for animal feed, pet food ingredients and organic fertilizer. StoneX said it will integrate AMG into StoneX Supply & Trading’s feed ingredients business.

StoneX did not disclose financial terms. The company said the deal will broaden its platform with new underliers in animal-based protein, while expanding its client base and geographic reach across North America.

For AMG, StoneX expects the combined platform to bring additional capital to scale, along with what it called a proven risk-management platform and global reach. AMG, founded in 2010 and headquartered in Wilsonville, Oregon, trades animal protein-based feed ingredients and manufactures organic fertilizers, with operations across the US and Canada.

More like this

Sources