News

Nui to acquire DAO.EU

Published on 10 February 2022

  • News
  • Nui to acquire DAO.EU
nui-acquires-dao

DAO.EU, which was launched in June 2017, is the only independent digital brokerage marketplace specialising in the direct trade of European dairy commodities.

The platform has provided a unique opportunity for its members to make fully informed trade decisions. DAO.EU has greatly simplified the trading process for its participants and provided them access to a wider range of markets. At the close of 2021, there were 92 companies participating on the platform.

"We started a great tool/platform together with Nui. However, for the growth and future of DAO.EU, we believe that it must become 100% independent. Bringing DAO.EU fully under the Nui umbrella allows us to achieve this. We see and believe in a great future for the platform. Nui is the perfect match to bring it forward."

Rik Loeters, Owner/Managing Director - Trigona

"Over the past few years Nui and DAO.EU have worked hand in hand to develop and grow the DAO platform. Our primary focus over this period has been the European Dairy Market. Together, we have made great in-roads and believe that for DAO.EU to take the next step, it must be completely independent. At Nui, we are incredibly excited to take this next step. It will give us a unique opportunity to forge a closer relationship with DAO customers so we can further enhance the offering."

Kevin O’Sullivan, CEO - Nui Markets

With the acquisition, Nui has some exciting developments in the pipeline to augment the powerful features already on the platform. In the coming months, we look forward to connecting directly with DAO customers to share the product roadmap.


Back to news

Latest news

  • Nui Markets appoints René van 't Riet to run DAO Europe
    Published on 12 July 2022

    When Nui Markets acquired 100% ownership of DAO Europe in April this year, it was a statement of intent from the technology innovator that they meant business. Appointing industry leader René van 't Riet only reinforces the view that Nui are serious about revolutionizing the way that dairy markets trade around the world. Read more

  • Game Changing trading platform comes to North America
    Published on 04 July 2022

    Technology innovator, Nui Markets is set to launch its digital trading platform into North America early July. Read more

  • Flanders Food Productions on the DAO platform
    Published on 16 June 2022

    Since Nui acquired DAO last April, we have received a lot of positive feedback from current DAO customers. Many tell us how the platform has revolutionised how they trade dairy products. Read more

  • Dairy trading platform Nui to launch in US market
    Published on 05 May 2022

    Nui Markets’ CEO Kevin O’Sullivan spoke in an interview with NBR about how a small Kiwi company was able to acquire Europe’s largest independent online dairy marketplace... Read more

  • Nui Markets at ADPI
    Published on 01 April 2022

    On April 24-26, Nui Markets will be attending the American Dairy Products Institute (ADPI) 2022 Joint Annual Conference in Chicago. Read more