StoneX Group (SNEX) Acquires Cotton Distributors
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StoneX Expands Commodities Trading Business with Acquisition of Cotton Distributors Inc.
November 1, 2022 4:44 AM EDTAdds physical cotton trading capabilities to StoneX and the opportunity to offer combined products to CDIs global customer base
Increases StoneXs trading footprint in Brazil and physical footprint in Continental Europe with new presence in Switzerland
LAUSANNE, Switzerland and SAO PAULO, Brazil, Nov. 01, 2022 (GLOBE NEWSWIRE) -- StoneX Group Inc. (StoneX or the Company) announced today that it has expanded its cotton trading and hedging capabilities through the acquisition of CDI-Societe Cotonniere De Distribution S.A (Cotton Distributors Inc. or CDI).
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