DCC completed the acquisition of United Propane Gas for $145m.

DCC, an international sales, marketing, distribution and business support services group, completed the acquisition of United Propane Gas, which markets, sells and delivers liquefied petroleum gas and related products and services, for $145m. "Since our initial entry into the US LPG market in April 2018 we have now committed approximately $445m of acquisition capital in building DCC Propane into the sixth largest business in the market. Building a business of scale in the US LPG market provides DCC with a strong platform to provide our customers with their energy needs now and into the future. Following the acquisition of UPG we have a business of real scale with a presence in 21 states, employing over 800 people and serving the energy needs of over 230k customers. Notwithstanding this growth, the opportunity for further expansion remains significant and UPG will further enhance our platform for development in the large, highly fragmented, and growing LPG market in the US," Donal Murphy, DCC Chief Executive.