{"id":96436,"date":"2024-10-03T00:00:00","date_gmt":"2024-10-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/"},"modified":"2024-10-03T00:00:00","modified_gmt":"2024-10-03T00:00:00","slug":"uks-marex-snaps-up-aarna-expands-to-abu-dhabi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/","title":{"rendered":"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi"},"content":{"rendered":"

Marex expands in Abu Dhabi with Aarna takeover: <\/strong>UK-based commodities broker Marex<\/a> fully acquired ADGM-based broker Aarna Capital<\/a> as it looks to expand in the Middle East and grow its clearing business, according to a press release<\/a>. Aarna specializes in clearing and risk management solutions in energy, base and ferrous metals. <\/p>\n

Details: <\/strong>While the company did not disclose the exact value, the acquisition \u201crepresents three to four times expected income after tax\u2026 and is at an attractive valuation,\u201d according to Marex CEO Ian Lowitt. The acquisition is expected to contribute 5% to Marex Group's net income after tax beginning FY 2025 onwards. Marex is slated to close the transaction in late 2024 after receiving regulatory approval.<\/p>\n

What\u2019s Marex getting? <\/strong>The acquisition adds 180 UAE-based clients \u2014 including institutional investors, family offices, and corporate clients \u2014 to Marex\u2019s portfolio, significantly expanding its client base in the region. <\/p>\n

Marex is no stranger to the UAE: <\/strong>The British firm already operates in the UAE from its Dubai office, which includes a team of 60 employees.<\/p>\n

Marex recently went public: <\/strong>The firm went public on Nasdaq in April<\/a>, raising USD 292 mn and achieving a market valuation of USD 1.35 bn<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Marex is slated to close the transaction in late 2024<\/p>\n","protected":false},"author":1,"featured_media":96437,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[7,1344,60,1883],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-enterpriseam-uae","tag-ma","tag-ma-watch","tag-marex","wpautop","entry"],"acf":{"mongo_id":"e4480d20-21fe-4a5a-8dfb-b137d6822329","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/522.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi","related_issue":[96429],"teaser":"Marex is slated to close the transaction in late 2024","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.b0fcb606-32a2-4208-bacf-fc23d7ea50e8.mp3"},"yoast_head":"\nUK\u2019s Marex snaps up Aarna, expands to Abu Dhabi - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi\" \/>\n<meta property=\"og:description\" content=\"Marex is slated to close the transaction in late 2024\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-03T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi\",\"datePublished\":\"2024-10-03T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/\"},\"wordCount\":201,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM UAE\",\"M&A\",\"M&A WATCH\",\"Marex\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/\",\"name\":\"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-10-03T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/","og_locale":"en_US","og_type":"article","og_title":"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi","og_description":"Marex is slated to close the transaction in late 2024","og_url":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/","og_site_name":"UAE","article_published_time":"2024-10-03T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi","datePublished":"2024-10-03T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/"},"wordCount":201,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM UAE","M&A","M&A WATCH","Marex"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/","url":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/","name":"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1","datePublished":"2024-10-03T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2024\/10\/03\/uks-marex-snaps-up-aarna-expands-to-abu-dhabi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"UK\u2019s Marex snaps up Aarna, expands to Abu Dhabi"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/522.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/96436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=96436"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/96436\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/96429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/96437"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=96436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=96436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=96436"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=96436"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=96436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}