DCC has £400 million war chest for further acquisitions

The fuel, healthcare and technology conglomerate shelled out £375m last year, its highest spend on acquisitions since 2018

23rd May, 2021
DCC has £400 million war chest for further acquisitions
Donal Murphy, chief executive, DCC: ‘Even though we had to manage our way through a pandemic, 2020 was one of our strongest years’

Despite the unprecedented disruption created by the Covid-19 pandemic over the past year, DCC maintained its position as one of the most acquisitive businesses in Irish corporate circles.

The Irish-headquartered company, which has operations in liquified petroleum gas (LPG), fuel oil distribution, healthcare and technology, shelled out £375 million on new acquisitions last year across all its divisions, its highest spend on acquisitions since 2018.

“Even though we had to manage our way through a pandemic,...

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