DCC
DCC plc is an Irish FTSE 100 energy distribution group operating across 12 countries in Europe and North America, selling liquid gas, fuels, biofuels, and renewable power through regional brands to 10 million commercial, industrial, and residential customers.
- Company typePublic
- Founded1976
- HeadquartersDublin, Ireland
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What DCC does
DCC plc is an Irish FTSE 100 international energy distribution group, founded in 1976 by Jim Flavin and headquartered in Foxrock, Dublin. Following a 2025-2026 simplification strategy, DCC has divested its healthcare and technology divisions to focus exclusively on energy, operating across 12 countries in Europe and North America through three reporting segments: Energy Products (liquid gas, fuels, biofuels, on-grid gas, and renewable power — 73% of EBITA), Mobility (service stations, fleet cards, telematics, EV charging — 24% of EBITA), and Energy Services (solar PV, battery storage, energy management — 3% of EBITA). The group serves over 10 million customers through a decentralized portfolio of regional brands including Flogas (UK/Ireland), Certas Energy (France/Ireland), Butagaz (France), PROGAS and WIRSOL (Germany), DCC Energi (Denmark), Qstar (Sweden), DCC Propane and United Propane Group (US), with key infrastructure including 1,173 service stations across Europe, 10,000+ payment terminals, and the centralized Drogheda operations hub.
The business model combines a decentralized local market presence with centralized scale advantages. DCC operates a centralized Liquid Gas Procurement Hub (established 2023) coordinating sourcing and shipping of over 1 million tonnes of waterborne liquid gas annually across European operations. The Drogheda operations hub (team of ~65) provides finance, IT, and pricing services to 1,100+ service stations, with 3,000+ daily automated price updates and 90% requiring no manual intervention. Distribution is delivered through company-owned forecourts (700), dealer-operated sites (400), direct delivery of liquid gas to bulk and cylinder customers, and the Motia fleet management platform combining fuel cards with Cubo telematics (18.1M+ data points daily). Revenue is generated via transaction fees on fuel and energy sales, professional services for solar installation and CPPAs (450+ MW portfolio), and enterprise contracts with industrial customers.
For FY26 (year ending 31 March 2026), DCC reported £15.4 billion in revenue and £634 million in adjusted operating profit, with 108% free cash flow conversion and 16.8% return on capital employed. Management has historically stated annual organic growth of 3-4% plus 6-8% from M&A, supported by a track record of 400+ acquisitions at high-teen returns. The group is currently subject to a revised £5.7 billion takeover offer from a KKR and Energy Capital Partners consortium, with the board indicating it is minded to recommend the proposal.
DCC firmographics
Firmographics- Name
- DCC
- Legal name
- DCC plc
- Website
- https://dcc.ie
- Company type
- Public
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- DCC plc is an Irish FTSE 100 energy distribution group operating across 12 countries in Europe and North America, selling liquid gas, fuels, biofuels, and renewable power through regional brands to 10 million commercial, industrial, and residential customers.
- Ownership category
- akta.pro rank
DCC industry classification
Industry- Product category
- Energy Distribution and Retail Services
- NAICS
- Natural Gas Distribution (221210), Natural Gas Distribution (2212), Natural Gas Distribution (22121), Solar Electric Power Generation (221114), Fuel Dealers (457210), Utilities (22)
- SIC
- Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923), Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Local Distribution Company (LDC) Natural Gas Distribution Utilities (TLAGADAA)
- akta.pro secondary industries
- Gas Distribution Operations (Day-to-Day Field & System Operations) (EUAJAAAB), Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI), CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK), Commercial & Industrial (C&I) DER Aggregation & Load Flexibility (EUAFAHAB)
Keywords
Where DCC is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices4 records
Markets served
DCC business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Energy Products: DCC's largest segment (73% of EBITA) selling and distributing liquid gas, fuels, biofuels, on-grid gas, and renewable power to commercial, industrial and domestic customers. Serves millions of customers across Europe and the US.
- Mobility: Service stations and fleet services including fuels, convenience retail, car wash, EV charging, fuel cards, digital parking and telematics services. 24% of EBITA.
- Energy Services: Design, installation and maintenance of on-site solar and hybrid energy systems for commercial and industrial customers, plus energy efficiency solutions. 3% of EBITA.
- Fleet Services: Fuel card services generating approximately 100 million transactions annually through 67,000 fleet services customers across Europe. Includes telematics and fleet management.
Go-to-market motion2 records
Distribution channels6 records
Marketing channels5 records
DCC product offering
Product offeringCore offering
DCC plc distributes and sells liquid gas (LPG, propane, bio-LPG, renewable DME), fuel oils, biofuels, on-grid gas, and renewable power to commercial, industrial, and domestic customers across Europe and North America. It operates service stations offering fuels, EV charging, convenience retail, and car wash, and provides fleet management solutions combining fuel cards with telematics. Its Energy Services division designs, installs and maintains on-site solar PV, battery storage, and hybrid energy systems, and structures corporate power purchase agreements for renewable electricity.
Product overview
DCC is a diversified international energy group operating across Europe and North America, focused on multi-energy sales and distribution. The company operates through three core business segments: Energy Products (liquid gas, fuels, biofuels distribution - 73% of EBITA), Energy Services (solar PV, battery storage, energy management - 3% of EBITA), and Mobility (service stations, EV charging, fleet services - 24% of EBITA). The portfolio includes well-established regional brands including Flogas (UK/Ireland), Certas Energy (France), Butagaz, PROGAS/TEGA (Germany), WIRSOL (Germany solar), DCC Propane (US), DCC Energi (Denmark), and Qstar (Sweden). DCC's Solutions offerings encompass solar-as-a-service, corporate power purchase agreements, and integrated fleet management through the Motia platform combining fuel cards and telematics. The company recently exited healthcare (sold to私募) and is divesting technology distribution to focus exclusively on energy. DCC serves approximately 10 million customers across 12 countries with operations spanning liquid gas procurement, renewable energy solutions, and mobility services.
Differentiator
Problem solved
Functional benefit
Brands
- Motia: Fuel card and telematics business bringing together Fuel Cards and Cubo services
- OJOIO Stop'n Joy
Products and services
- Liquid Gas (LPG) Distribution
- Fuel Oils and Biofuels Distribution
- Energy Services (Solar PV, Battery Storage, Hybrid Energy Systems)
- Solar as a Service
- Corporate Power Purchase Agreements (CPPAs)
- Renewable DME (rDME) Industrial Fuel
- Mobility Service Stations
- EV Charging Network
- Motia Fleet Management Platform
- Fuel Card Services
- Telematics Services (Cubo)
Quantifiable outcome
- Free cash flow conversion of 108% and ROCE of 16.8% for FY26
- +4 more outcomes
Companies that use DCC
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
DCC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature5 records
DCC partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- UGI International LLCcoreDCC acquired UGI International's liquid gas businesses in Austria (FLAGA GmbH), Poland (AmeriGas Polska), Hungary, Czechia, and Slovakia in multiple transactions valued at approximately EUR55 million for Austria and EUR48 million for Central European operations. This represents DCC's entry into Austrian and Central European liquid gas markets, marking significant geographic expansion.
- Swedish Energy AgencyminorCo-financed Flogas Sweden's world-first industrial use of renewable DME in forging furnaces project, in partnership with Björneborg Steel and Swerim.
- AureliuscoreDCC sold its information technology distribution business in the UK and Ireland to Aurelius for approximately €115 million as part of strategic focus on energy division.
- Cubo (Telematics)coreDCC acquired telematics and fleet communications company Cubo in July 2024. Cubo generated 17.1 million data points daily from 1,500 customers, bringing significant telematics capabilities to DCC's fleet services business.
- WIRSOL Roof SolutionscoreDCC acquired WIRSOL Roof Solutions, a German provider of photovoltaic and battery storage systems. WIRSOL has installed over 16,000 solar systems across Germany since 2003, representing DCC's entry into Germany's renewable energy market.
- Richard BittnerminorDCC Healthcare acquired Richard Bittner, a specialist CDMO of food supplements, medical devices, and pharmaceuticals based in Austria, from Perrigo Company plc.
- Solcellekraft AScoreDCC acquired Solcellekraft AS for approximately £160 million as part of five new acquisitions. This expanded DCC's renewable energy portfolio in Scandinavia.
- Medi-Globe Technologies GmbHcoreDCC Healthcare acquired Medi-Globe Group for approximately €245 million from Duke Street. Medi-Globe is a German-headquartered manufacturer of medical devices for gastroenterology and urology with revenues of around €120 million in 2021. This was DCC Healthcare's largest acquisition to date.
- Almo CorporationcoreDCC's Exertis subsidiary acquired Almo Corporation for $610 million, marking its largest acquisition and expanding presence in the US. The deal created the largest specialist Pro AV business in North America.
- United Propane Gas (UPG)coreDCC acquired UPG for $145 million (combined with NES Group), materially expanding US presence. UPG operates in 13 midwest and southern states with 360 employees, 110,000 active customers, and 80 operating locations.
- Björneborg Steel and SwerimminorIndustry partners in the 'Demonstration of Environmentally Friendly Energy Gas' project for industrial use of renewable DME in forging furnaces.
- ChargePoint OperatorsminorPartnership with ChargePoint for EV charging infrastructure at DCC service station forecourts.
Scale indicators18 records
Recent moves12 records
Expansion highlights6 records
DCC competitors and assessment
Company assessmentBroad incumbents
- Repsol: Spanish integrated energy major with significant LPG distribution, mobility/fuel retail, and renewables operations. Overlaps with DCC in European LPG supply, service station retail, and energy transition strategy, but operates at much larger scale across upstream, refining, and chemicals.
- BP: UK-listed integrated energy major with a large European service station network, convenience retail, EV charging, and biofuels. Directly comparable to DCC Mobility in retail fuels and convenience, and to DCC Energy in industrial fuels and renewables.
- Shell: Global energy major that partners with DCC (Shell-branded stations in Denmark operated by DCC Energi) and competes in mobility, EV charging, and LPG. Functions as both a wholesale supplier and a comparable end-market operator in DCC's core geographies.
- TotalEnergies: French integrated energy major with extensive European service station network, biofuels, and renewables businesses. Competes with DCC Mobility in fuel retail, with DCC Energy in LPG and biofuels, and increasingly in EV charging and renewable power.
Direct peers
- Suburban Propane Partners: US publicly-traded propane distributor (NYSE: SPH) serving residential, commercial, industrial and agricultural customers. Closely comparable to DCC Propane in business model and customer mix, with similar exposure to off-grid heating and agricultural demand.
- Ferrellgas Partners: US propane distributor (NYSE: FRGH) serving residential, commercial, and industrial customers across rural America. Competes with DCC Propane in the US LPG market and shares the same off-grid heating, agriculture, and small-business end markets.
- AmeriGas Partners: Largest US retail propane distributor and subsidiary of UGI Corporation (NYSE: APU). Highly comparable to DCC Propane in customer segmentation, distribution model, and geographic exposure across US states.
- UGI Corporation: US-based propane and LPG distributor (AmeriGas) that recently sold its Central European liquid gas businesses to DCC. Operates a directly comparable tank-and-cylinder LPG distribution model and is one of the closest functional peers to DCC Propane in the United States.
- SHV Holdings: Dutch privately-held family group with a large LPG and energy distribution business across Europe and beyond. Operates a similar decentralized, acquisition-driven liquid gas model (e.g., Primagaz, Calor) that competes head-to-head with DCC in multiple European LPG markets.
Regional players
- Iwatani Corporation: Japan's largest LPG distributor and a major player in industrial gases and hydrogen. Operates a similar tank-and-cylinder LPG distribution model to DCC in Asia, with growing hydrogen and clean energy interests that parallel DCC's rDME and bio-LPG strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
DCC social profiles
Digital presenceDCC financial estimates
Financial estimateRevenue estimate
Valuation estimate
DCC leadership team
Management profileNumber of profiles
Profiles14 records
DCC subsidiaries and ownership
Company hierarchySubsidiaries18 records
DCC funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DCC M&A and investment
M&A and investmentM&A24 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DCC
What does DCC do?
DCC plc distributes and sells liquid gas (LPG, propane, bio-LPG, renewable DME), fuel oils, biofuels, on-grid gas, and renewable power to commercial, industrial, and domestic customers across Europe and North America. It operates service stations offering fuels, EV charging, convenience retail, and car wash, and provides fleet management solutions combining fuel cards with telematics. Its Energy Services division designs, installs and maintains on-site solar PV, battery storage, and hybrid energy systems, and structures corporate power purchase agreements for renewable electricity.
Is DCC a public or private company?
DCC is a public company. It is classified as public and is currently operating.
When was DCC founded?
DCC was founded in 1976. It employs 1,001 to 5,000 people.
Where is DCC based?
DCC is headquartered in Dublin, Ireland, in the Europe region.
How does DCC make money?
Four revenue lines are on record. Energy Products are the primary driver. The others are mobility, energy Services and fleet Services.
Who are DCC's main competitors?
Broad incumbents on record are Repsol, BP, Shell and TotalEnergies. Direct peers are Suburban Propane Partners, Ferrellgas Partners, AmeriGas Partners, UGI Corporation and SHV Holdings. Iwatani Corporation is listed as a regional player.
Does DCC have an API?
No public API is recorded for DCC.
What industry is DCC in?
DCC's product category is Energy Distribution and Retail Services. Its primary akta.pro industry code is TLAGADAA, Local Distribution Company (LDC) Natural Gas Distribution Utilities, with a secondary code of EUAJAAAB, Gas Distribution Operations (Day-to-Day Field & System Operations). Its NAICS code is 221210 and its SIC code is 4924.