gb oils-scottish fuels take over from BP in Aberdeen and Inverness

The cash outlay on acquisitions in the last quarter was €36 million.
In May, as previously announced, dcc Energy acquired Pearts, a medium sized oil distribution business which operates from four locations in the North of England, for a consideration of €15 million.
In June, dcc Energy acquired two oil importation and storage terminals in Inverness and Aberdeen in Scotland for a consideration of €19 million.
Post the acquisition, dcc Energy will use these terminals to provide storage and throughput services to major oil companies who will continue to sell fuel directly into the market place.
The acquisition of the terminals enhances dcc Energy's position in the Scottish market and creates opportunities for dcc Energy to expand into the marine fuels market.

dcc plc

DCC to acquire Shell's Oil Distribution business in Denmark
The Business is based in Copenhagen and delivers product from nine locations
throughout Denmark. Following acquisition the Business will operate as a Shell
branded distributor with 57 employees. The Business sells approximately 250
million litres of oil per annum to an extensive customer base of . 30,000
customers.
Transport is outsourced to a number of regional hauliers.