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StoneX Group Inc. expands with acquisition of JBR Recovery Ltd. to strengthen its position in the precious metals market

StoneX Group Inc. expands with acquisition of JBR Recovery Ltd. to strengthen its position in the precious metals market

10/09/24, 5:21 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svgwest midlands
Industry
financial services
retail
mineral
precious metals
mining
manufacturing
StoneX Group Inc., a prominent financial services firm, has strategically acquired JBR Recovery Ltd., a UK-based leader in precious metal recovery and refining. This acquisition marks a strategic expansion of StoneX's metals offering, enabling the company to control a significant portion of the supply chain and meet increasing demand for recycled silver. The acquisition is expected to bolster StoneX's position in the precious metals market by incorporating JBR's expertise and capabilities into its comprehensive service offerings.

Company Info

Company
StoneX Group
Location
New York, New York, United States
Company info
StoneX Group Inc is the owner of retail FX brands such as FOREX.com and City Index.

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