Announced

StoneX completed the acquisition of recycling and refining business from JBR Recovery.

Synopsis

StoneX, a global financial services network, completed the acquisition of recycling and refining business from JBR Recovery, a UK-based company specializing in the recovery and refining of precious metals, particularly silver. Financial terms were not disclosed. “This acquisition marks a historic moment for the StoneX group and its metals business. The acquisition of JBR is testament to the continued commitment of StoneX in furthering our offering in this market and providing our clients with a full end-to-end service and building our metals ecosystem. We will be working closely with the JBR team to ensure we continue to build on its strong reputation and hundreds of years of service in this market,” Michael Skinner, StoneX Global Head of Metals.

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