Divestment of Info Tech business
14 July 2025
Divestment of Info Tech business
DCC plc, the leading international sales, marketing and support services group, announces that it has entered into a definitive agreement for the sale of DCC Technology's Info Tech business ("the Business") in the UK and Ireland to AURELIUS, a globally active private equity investor (the "Transaction").
The Transaction values the Business at a total enterprise value of c.£100 million on a cash-free, debt-free and normalised working capital basis. In the year ending 31 March 2025, the Business recorded revenue of £2 billion and represented approximately 1% of DCC's continuing operating profit.
The net cash proceeds to DCC of the Transaction are not material, reflecting the working capital seasonality, and the supply chain financing (£156 million at 31 March 2025) associated with the Business. DCC also retains freehold title of our UK national distribution centre in Burnley, England. The Transaction is subject to receipt of customary regulatory approvals and expected to complete in the fourth quarter of this calendar year.
The remainder of DCC Technology, our Pro Tech business, is principally based in North America, with a smaller growth platform in Europe. DCC Technology is the largest specialist professional AV distributor globally and has a complementary position in high-quality Life Tech products in North America.
Donal Murphy, Chief Executive, commented:
"The divestment of Info Tech in the UK and Ireland is a further material step in simplifying our Group and focusing on our high growth, high return, energy business. It follows the sale of DCC Healthcare announced in April 2025. We have made huge strategic progress this year.
We are confident that AURELIUS will be a strong partner for our UK and Ireland Info Tech business, driving further operational and financial improvement. This transaction also represents a positive move for our team, providing new opportunities for growth, development, and long-term success."
Contact information
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Investor enquiries: |
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Conor Murphy, Chief Financial Officer |
Tel: +353 1 2799 400 |
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Rossa White, Head of Group Investor Relations & Comms. |
Email: investorrelations@dcc.ie |
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Media enquiries: |
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Sodali & Co (Eavan Gannon/Pete Lambie) |
Tel: +44 20 7250 1446 |
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Email: DCCGroup@sodali.com |
About DCC plc
Invested in Energy
DCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100. In our financial year ended 31 March 2025, DCC generated revenues of £18.0 billion and adjusted operating profit of £617.5 million. DCC has an excellent record, delivering compound annual growth of 13% in continuing adjusted operating profit and unbroken dividend growth of 13% while maintaining high returns on capital employed over 31 years as a public company.
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Forward-looking statements
This announcement contains some forward-looking statements that represent DCC's expectations for its business, based on current expectations about future events, which by their nature involve risk and uncertainty. DCC believes that its expectations and assumptions with respect to these forward-looking statements are reasonable, however because they involve risk and uncertainty as to future circumstances, which are in many cases beyond DCC's control, actual results or performance may differ materially from those expressed in or implied by such forward-looking statements.
Regulatory Notes
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with DCC's obligations under Article 17 of MAR.
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