Announced
Completed
Financials
Tags
Financial Data and Systems
Acquisition
brokerage
Completed
Friendly
Single Bidder
France
Private
Cross Border
Majority
Synopsis
Marex, a financial services firm, completed the acquisition of the voice brokerage activities of OTCex, a brokerage firm. Financial terms were not disclosed. “The acquisition represents further delivery against our strategy of building out our product offering and geographic footprint, adding around 800 new clients to our franchise. The acquired entities complement and expand our equity and fixed income offerings, whilst adding to our leading energy and agricultural commodities franchises. With access to our global infrastructure and balance sheet, we are confident that together we can continue to deliver sustainable growth and better serve our global client base," Ian Lowitt, Marex CEO.
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