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Announced

Completed

CITADEL Pacific completed the acquisition of Hong Kong & Macau liquid gas business of DCC for $150m.

Synopsis

CITADEL Pacific, an Asian industrial group, completed the acquisition of Hong Kong & Macau liquid gas business of DCC, an Irish international sales, marketing and support services group, for $150m. "We are pleased to announce the sale of a majority stake in our business in Hong Kong & Macau. I would really like to thank our talented team in the region who have built a very strong business. Their commitment and passion in serving customers and driving performance has been exceptional throughout our ownership. We look forward to partnering with CPL to further develop our combined operations," Donal Murphy, DCC CEO.

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