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DCC pays €22.7m for Swedish fuel distributor Swea EnergiINDUSTRIAL SERVICES group DCC has acquired Swedish fuel distributor Swea Energi.

INDUSTRIAL SERVICES group DCC has acquired Swedish fuel distributor Swea Energi.
The listed group will pay €22.7 million upfront in cash for the business which is owned by Lennart and Viviann Hansson and is debt free.
A further €6.6 million may become payable depending on the performance of the group between March next year and the end of March 2013, possibly bringing the final cost to €29.3 million.
http://www.irishtimes.com/newspaper/finance/2011/1221/1224309337706.html

1 comment:

  1. I have just been told that DCC are about to take over another oil company in the North of Scotland in a wee village called Ullapoll. The company is meant to be caly oils good help all it's customers.
    At the moment it Scottish Fuels that takethe oil buy road to there main tanks. Then caly delvers it out cheaper than DCC own tankers that after it has been on two tankers.
    OFT help for F**K sake

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