Marex Group acquires Levmet

Marex Group plc, a diversified global financial services platform, announced the acquisition of Levmet, a Lisa Monaco-headquartered liquidity provider in physical and derivatives markets across base metals, ferrous metals, energy, and power. This acquisition is consistent with Marex's strategy to diversify its service offerings and expand its physical market-making operations, particularly in European power and gas trading. Simon van den Born, Marex President, highlighted the strategic alignment and opportunities to leverage Levmet's relationships and capabilities. Andrea Campbell, CEO of Levmet, expressed enthusiasm for joining Marex's global platform, anticipating enhanced service and continued growth. The transaction is expected to strengthen Marex's market-making franchise and create new growth opportunities.