Stonex Commodity Solutions , A Subsidiary Of Stonex Group Inc Announces Completion Of Its Acquisition Of Right Corporation; Financial Terms Not Disclosed

StoneX Commodity Solutions (SCS), a subsidiary of StoneX Group Inc. (NASDAQ:SNEX) ("StoneX"), announced today the completion of its acquisition of Right Corporation, a Bozeman, MT physical meat-trading company.

The acquisition enhances StoneX's global trading capabilities, extends Right Corporation's market reach and capitalizes the company for growth. With StoneX's support, Right Corporation intends to build on relationships with existing suppliers, traders and end-users. Additionally, Right Corporation's physical supply and trading capability will allow StoneX to provide pricing services that are currently offered through its OTC swap desk, which provides financial hedges on meat cuts to packers and end-users.

Founded in 2000, Right Corporation provides trading and logistics services for independent meat packing operations, distributors, and end-users. Under the leadership of owner Leslie Wright, the company has built a strong reputation for customer service. Wright, who has deep industry expertise and long-standing relationships, will continue in a leadership role with StoneX Commodity Solutions.