 On December 30, 2016, Defoe Redmount, United States affiliate of Defoe Fournier, acquired a large part of Defoe Fournier & Cie's business, with around 20 investment and financial professionals joining our firm.The rest of Defoe Fournier's business operations, led by some of its partners, became part of another UK-based financial and investment group.Founded as Defoe Fournier & Cie. in 1824 in Paris by Anatole Defoe and Mathis Fournier, the firm became a leading gold bullion trading house, establishing itself as a gold custodian and transfer agent.