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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 Transaction is subject to receipt of customary regulatory approvals and expected to complete in the fourth quarter of this calendar year.
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.
The sale of Info Tech follows the sale of DCC Healthcare announced in April 2025 and represents a material step in the simplification of the DCC group and focus on the high-growth, high return, energy business.
The remainder of DCC Technology, DCC’s 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.
The Hogan Lovells team was led by London M&A partners Sarah Shaw and John Connell supported by senior associate Kate Morrison-Betts and associates Akhil Parekh, Wilson Pek, Gaspare Chirillo and Rory Hazelton. Tax advice was provided by counsel Tom Eyre-Brook and antitrust/FDI advice was provided by partner Angus Coulter and senior associate John Embleton.
Commenting on the Transaction, Hogan Lovells partner Sarah Shaw said “We are thrilled to continue to strengthen our relationship with the talented DCC team and to be supporting them on this strategically important transaction. Following our work on the sale of a majority stake in DCC’s Hong Kong and Macau liquid gas business last year, it’s another example of Hogan Lovells advising on complex M&A transactions and combining this with deep regulatory capability and full-service support.”