Marex Group announced the acquisition of Levmet, further expanding its physical market-making operations and adding capabilities in European power and gas trading. The transaction supports Marex’s strategy of broadening its service offerings and diversifying earnings across commodity and financial markets.
Headquartered in Monaco, Levmet is a liquidity provider in physical and derivatives markets spanning base metals, ferrous metals, energy, and power. Through the acquisition, Marex gains additional expertise and relationships that will enhance its ability to serve clients across the broader commodity ecosystem. The company said the transaction strengthens its market-making franchise and creates new opportunities for growth.
Marex President Simon van den Born said the acquisition aligns with the company’s strategy of expanding its capabilities while maintaining a strong focus on risk management. Levmet CEO Andrew Campbell said joining Marex’s global platform will provide the business with access to broader resources and capabilities to support continued growth and deliver enhanced service to counterparties.
Listed on Nasdaq, Marex provides market access, infrastructure services, and liquidity solutions across global commodity and financial markets. The company serves more than 3,400 active clients and operates over 50 offices worldwide with more than 3,000 employees across Europe, Asia, and the Americas.
KEY QUOTES:
“The acquisition of Levmet is consistent with our strategy to add capabilities to further diversify our service offering. This is an exciting addition for Marex and we see significant opportunities to leverage Levmet’s relationships and capabilities. It is a well-run business with a robust focus on risk management.”
Simon van den Born, President, Marex
“We are excited to join Marex’s global platform. Their dynamic culture, combined with the breadth and depth of their capabilities will give our team more ways to enhance our service and support the continued growth of the business. We look forward to the opportunities this creates for our counterparties and our people as part of Marex.”
Andrew Campbell, CEO, Levmet
