Hartree Partners completed the acquisition of four business units from ED&F Man.

Hartree Partners, a global energy and commodities trading company, completed the acquisition of four business units from ED&F Man, a provider of soft commodities and logistics. Financial terms were not disclosed. “This acquisition marks a signicant and exciting step in Hartree’s strategic expansion into soft commodities. It unlocks new opportunities for growth for our combined platform, leveraging ED&F Man’s deep market understanding, global expertise, and strong customer and supplier relationships. There will be a newly formed ED&F Man Executive Management Committee, composed of Phillip Murnane, Alexandre Bauche, Colin Iles, Trishul Mandana, and Arie van der Spek. Phillip Murnane, Alexandre Bauche, Trishul Mandana and Arie van der Spek will also join the Hartree Management Team,” Guy Merison, Hartree Managing Director.