Announced
Financials
Sources
Tags
Majority
Private
liquid gas
Pending
Single Bidder
Germany
Integrated Oil and Gas
Acquisition
Cross Border
Friendly
Synopsis
DCC, an Irish international sales, marketing and support services group, agreed to acquire Progas, an oil & energy services provider, for £140m. "We look forward to welcoming Progas into the DCC Group - scaling DCC Energy's position in Europe's largest energy market. It creates a leading platform for DCC Energy in Germany to develop a multi-energy offering, aiming to address the energy "trilemma" for our German customers," Donal Murphy, DCC CEO.
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