DCC completes Total deal

DCC has completed the acquisition of oil distribution assets owned by Total in Britain, the Isle of Man and the Channel Islands in a deal worth €67 million.

1st November, 2011

DCC has completed the acquisition of oil distribution assets owned by Total in Britain, the Isle of Man and the Channel Islands in a deal worth €67 million. The company is buying the assets from Rontec Investments.

DCC said in a statement that it is in the process of agreeing certain undertakings with the UK Office of Fair Trading, which will see the new oil distribution business held separately from DCC's existing oil distribution businesses...

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