ROLLE, NETHERLANDS — ADM on May 22 announced that it has reached an agreement to acquire DCA Finance BV (DCA), subject to required regulatory approvals.
DCA, located in Lelystad, Netherlands, provides commodity derivative broking services to a broad range of agricultural customers in Europe.
Upon approval and completion, this acquisition will extend the geographic footprint of ADM Investor Services (ADMIS), to provide clearing, risk management and hedging solutions on regulated financial markets for customers across Europe.
“We are excited, together with DCA, to expand our commodity brokerage expertise and solutions, adding value and growth opportunities to our customer offering,” said Stuart Jackson, managing director of ADMIS International.
For more than 50 years, ADMIS has provided comprehensive brokerage services to institutional, commercial and retail clients. Headquartered in Chicago, Illinois, US, ADMIS is a registered Futures Commission Merchant supported by a network of affiliated brokers and sister companies across the United States and around the globe. ADMIS is a wholly owned subsidiary of ADM.The transaction is expected to be completed in the second half of 2023.