1st Nov 2011 07:00
DCC completes the acquisition of certain oil distribution assets
from Rontec Investments LLP
DCC plc, the sales, marketing, distribution and business support services group, has completed the acquisition of certain oil distribution assets previously owned by Total in Britain, the Isle of Man and the Channel Islands from Rontec Investments LLP ("Rontec") following the completion by Rontec of a larger transaction, including these assets, with Total. Details of the acquisition were set out in a DCC Stock Exchange announcement on 23 September 2011.
DCC is in the process of agreeing certain undertakings with the UK Office of Fair Trading ("OFT"), the effect of which is that the Total Butler oil distribution business will be held separate from DCC's existing oil distribution businesses in Britain, pending completion by the OFT of a review of the acquisition.
For Reference:
Tommy Breen, Chief Executive, DCC plc
Donal Murphy, Managing Director, DCC Energy
Redmond McEvoy, Investor Relations Manager
Telephone: +353 1 2799400
Email: [email protected]
Web: www.dcc.ie
Related Shares:
DCC