Marex Group (MRX) Acquires Dropet

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Marex Acquires Biofuels Company Dropet

October 1, 2024 7:09 AM EDT

LONDON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, today announces the completion of its acquisition of Dropet, a Spanish biofuels company, expanding its range of renewables products as it continues to grow its global environmental products business. The acquisition is aligned with Marexs strategy to diversify its business and increase earnings resilience.

Dropet offers execution services for both physical and paper biofuels products across Europe, Latin America, the Middle East and Africa. It has more than 18 years experience in physical ethanol and related... More