StoneX acquires Advanced Marketing Group
StoneX Group Inc (NASDAQ:SNEX) announced today that it has acquired Advanced Marketing Group, LLC (“AMG”), a merchandiser of ingredients for feed, pet food ingredients, and organic fertilizer.
The business will be integrated into StoneX Supply & Trading’s feed ingredients capabilities.
Founded in 2010 and headquartered in Wilsonville, Oregon, AMG trades animal protein-based feed ingredients and manufactures organic fertilizers, serving pet-food manufacturers, dairy and poultry producers, feed mills, feedlots, and fertilizer brands. AMG’s roughly 20 trading and operations professionals operate in four U.S. states (Oregon, Kansas, Texas, and Virginia) and in Canada, supported by a network of trans-load and storage locations.
The acquisition will broaden StoneX’s feed-ingredients platform with new underliers (animal-based protein), an expanded client base, and geographic reach across North America. For AMG, StoneX brings additional capital to scale, a proven risk-management platform, and global reach.
“AMG brings an established, well-run feed-ingredients business with supplier relationships and ‘approved supplier’ status that are hard to replicate. Additionally, we anticipate expanding our share of client feed and ingredient needs as we collaborate across other StoneX business units,” said Brent Grecian, CEO of StoneX Supply & Trading. “It expands our physical commodities capabilities into animal-protein and pet-food ingredients.”
“StoneX gives our business the capital and infrastructure to grow in ways we couldn’t on our own,” said Ted Skinner and Pete Schoonveld, owners of Advanced Marketing Group. “We’re proud of what our team has built, and StoneX’s platform is the right home to take it further.”
