Marex Group acquires liquidity provider Levmet to expand European energy footprint

Marex Group (NASDAQ:MRX) announced Monday that it has acquired Levmet, a Monaco-based liquidity provider, in a move to strengthen its physical market-making operations and secure a firmer foothold in European power and gas trading.

The transaction expands the structural reach of Marex’s diversified global financial services platform. Headquartered in Monaco, Levmet operates as an active liquidity provider across both physical and derivatives markets for base metals, ferrous metals, energy, and power. Financial terms of the agreement were not publicly disclosed.

Integrating Levmet aligns with Marex’s overarching corporate strategy to systematically diversify earnings and broaden its service offerings across the broader global commodity ecosystem. The inclusion of European power and gas trading injects specialized capabilities into Marex's existing infrastructure, which spans clearing, agency and execution, market making, and tailored hedging solutions.

The acquisition of Levmet is consistent with our strategy to add capabilities to further diversify our service offering. This is an exciting addition for Marex, and we see significant opportunities to leverage Levmet's relationships and capabilities within a well-run business that maintains a robust focus on risk management.

Levmet enters the Marex platform backed by an established network of counterparties and specialized trading desks. The combination allows Marex to scale its physical commodity volumes by leveraging Levmet's institutional relationships, which interface directly with global producers, consumers, and traditional asset managers across major trading hubs.

Andrew Campbell, Chief Executive Officer of Levmet, noted that joining Marex's global architecture provides the depth of capabilities required to enhance counterparty services and accelerate the trading firm's underlying growth trajectory. The acquisition marks another step in Marex's ongoing multi-asset expansion, following recent portfolio build-outs across European fixed income and specialized equity derivatives segments as the firm continues to consolidate market share.