Marex Group Acquires UK Market Maker Winterflood in £103.9 Million Cash Deal

Marex swoops on Winterflood - Global Trading

Marex Group plc announced today it has agreed with Close Brothers to buy Winterflood Securities for £103.9 million in cash. Founded in 1988, UK equity market maker Winterflood Securities services over 400 institutional clients. According to Marex, Winterflood represents 15% of the LSE traded volumes. According to Close Brothers’ latest earnings reports, Winterflood has long held a top three rank among LSE counterparties, driven by high-frequency…

Marex Group Acquires UK Market Maker Winterflood in £103.9 Million Cash Deal

Marex Group plc plans to acquire Winterflood Securities from Close Brothers Group plc for roughly £103.9 million in cash, including a £15 million premium. This purchase aims to strengthen Marex’s position in the UK cash equities market and diversify its revenue streams. Subject to regulatory approval, the deal is expected to be completed early next year.Winterflood’s Position in the MarketWinterflood is among the top market counterparties by vol…

Marex Buys Winterflood Securities for  £103.9m - Markets Media

Close Brothers Group plc has agreed to sell its execution services and securities business, Winterflood Securities to Marex Group plc for a consideration amount of approximately £103.9 million in cash. The Transaction is aligned with the group’s strategic priorities to simplify the portfolio, enhance operational efficiency and drive sustainable growth. As previously outlined, Close Brothers is actively evaluating its portfolios to ensure that re…

Marex to acquire Winterflood Securities from Close Brothers in £100 million deal

Marex is set to acquire UK equity market maker Winterflood Securities from Close Brothers in a cash deal valued at approximately £103.9 million. Ian LowittThe acquisition is expected to support the growth of Marex’s UK cash equities business, as well as expanding its services to UK institutional clients through offering a broader range of products, in particular among the asset and wealth management sectors. Specifically, the firm has said that …

Close Brothers to Sell Winterflood Securities to Marex in £103.9m Deal

The transaction is expected to be completed in early 2026, subject to customary regulatory approvals from the Financial Conduct Authority (FCA) and the U.S. Financial Industry Regulatory Authority (FINRA). Close Brothers CEO Mike Morgan said, “This transaction marks another important step in simplifying the group to focus on our core specialist lending business.”  The sale follows the group’s disposal of CBAM earlier this year. Marex Chief Execu…

Close Brothers to sell Winterfloods to Marex

Close Brothers Group has agreed to sell its execution services and securities business, Winterflood Securities, to Marex Group for approximately £103.9 million in cash. The deal is expected to be completed in early 2026, subject to regulatory approval. Close Brothers has been actively evaluating its portfolios to maximise returns and streamline its portfolio, and believes […] The post Close Brothers to sell Winterfloods to Marex appeared first o…