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Announced

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A-Mark Precious Metals completed the acquisition of LPM Group for $79m.

Synopsis

A-Mark Precious Metals, a fully integrated precious metals platform, completed the acquisition of LPM Group, one of the largest precious metals dealers in Asia, for $79m. Established in 2012, LPM is one of the largest precious metals wholesalers in Asia. Headquartered at the heart of Hong Kong's Central Financial District, LPM boasts the city's largest numismatics showroom. LPM offers a wide selection of products through its retail store and 24/7 online trading platform, including recently released silver coins, gold bullion, certified coins, and the latest collectible numismatic issues. The company’s global customer base spans sovereign and private mints, manufacturers and fabricators, investors, collectors, e-commerce customers, and other retail customers.

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