UGI International

What UGI International does

UGI International is a wholly-owned subsidiary of UGI Corporation (NYSE: UGI) and functions as a European LPG (liquefied petroleum gas) and liquid gas distributor, headquartered in Courbevoie, France, with operations spanning Austria, Czech Republic, Hungary, Poland, and Slovakia. The company distributes liquid gases to residential, commercial, agricultural, and autogas customers, serving markets where natural gas infrastructure is limited or unavailable. Its customer base is broad and horizontal — for example, the Flaga-branded liquid gas business in Hungary, Czech Republic, and Slovakia alone serves approximately 12,000 customers. The business model is a traditional physical distribution operation requiring storage, cylinder logistics, and delivery fleets; it has no disclosed technology platform, app, API, or digital product layer, and the company's website was under construction during the data collection period.

The company employs between 1,001 and 5,000 people and operates through local brands such as Flaga. Pricing is not publicly disclosed and follows standard commodity energy distribution economics. Distribution channels are B2B and B2C across European markets. The business has no proprietary AI/ML capability, software products, or technology moats evident in the input data.

In 2025–2026, UGI International underwent a deliberate portfolio rationalization, executing three announced divestitures to DCC plc: its Austria LPG business for €55M (October 2025); its Czech Republic, Hungary, Poland, and Slovakia LPG businesses for approximately €48M (January 2026); and the Flaga-branded liquid gas businesses in Hungary, Czech Republic, and Slovakia (February 2026). To support this transition, the company priced a €300M senior notes offering at 5% due 2031 in May 2026, using proceeds to repay revolving credit borrowings, partially prepay an existing €300M term loan, and fund general corporate purposes. The cumulative signal is contraction of the European LPG footprint and financial restructuring rather than expansion.

Name

UGI International

Legal name

UGI International LLC

Website

https://ugi-international.com

Company type

Private

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

UGI International is a wholly-owned subsidiary of UGI Corporation that distributes LPG and liquid gases to residential, commercial, agricultural, and autogas customers across European markets including Austria, the Czech Republic, Hungary, Poland, and Slovakia. The company is currently divesting its Central European LPG businesses to DCC plc.

Ownership category

akta.pro rank

Product category

LPG Distribution

NAICS

Fuel Dealers (457210), Fuel Dealers (45721)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)

akta.pro secondary industries

Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD), CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK), NGLs & LPG Trading & Marketing (EUAGAAAE)

Keywords

• LPG distribution
• Liquid gas supply
• Energy distribution
• Autogas fuel
• Propane distribution

Headquarters

HQ city

Courbevoie

HQ country

France

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel

Core offering

UGI International is a wholly-owned subsidiary of UGI Corporation that distributes liquefied petroleum gas (LPG) and other liquid gases to residential, commercial, agricultural, and autogas customers across European markets. The company operates through its own brand and the Flaga sub-brand in Central Europe, supplying approximately 12,000 customers with LPG for heating, cooking, industrial energy, and vehicle fuel applications.

Product overview

UGI International is a wholly-owned subsidiary of UGI Corporation. Based on the source data, the company is involved in LPG (Liquefied Petroleum Gas) distribution businesses. The company's website (https://www.ugi-international.com/) was displaying an "Under Construction" message during the data collection period, indicating no active product or service information was available on the website at that time. News sources indicate the company has been divesting its LPG distribution businesses in Central European markets (Czech Republic, Hungary, Poland, Slovakia, Austria) to DCC plc.

Differentiator

Problem solved

Functional benefit

Brands

• Flaga: Liquid gas distribution business operating in Hungary, Czech Republic, and Slovakia, serving approximately 12,000 customers. This business was sold to DCC.

Products and services

• LPG Distribution Services End-to-end distribution of liquefied petroleum gas (LPG) and other liquid gases, including procurement, storage, and delivery to residential, commercial, agricultural, and autogas customers in Austria, Czech Republic, Hungary, Poland, and Slovakia. The service addresses energy supply needs in regions without natural gas pipeline infrastructure.
• Flaga-branded Liquid Gas Distribution Retail and bulk liquid gas (LPG) distribution under the Flaga brand in Hungary, the Czech Republic, and Slovakia, serving approximately 12,000 residential, commercial, and agricultural customers. Operations were subject to divestiture to DCC plc.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• DCC plccoreStrategic or Co-development Partner · 13 February 2026Wolf Theiss advised DCC on the acquisition of UGI International's Flaga-branded liquid gas businesses operating in Hungary, the Czech Republic, and Slovakia, which together serve approximately 12,000 customers. The transaction remains subject to regulatory approval and involves three separate businesses under the Flaga brand across the three jurisdictions.
• DCC plccoreStrategic or Co-development Partner · 21 October 2025UGI International signed a definitive agreement to sell its LPG distribution business in Austria to DCC plc for €55 million. The sale is part of UGI's portfolio rationalization efforts, expected to close in early fiscal 2026, aiming to improve financial flexibility.
• DCC plccoreStrategic or Co-development PartnerUGI International signed a definitive agreement to divest its LPG distribution businesses in the Czech Republic, Hungary, Poland, and Slovakia to DCC plc for approximately €48 million. The transaction is expected to close in the first half of 2026. This represents DCC's expansion into Central European liquid gas markets.

Scale indicators4 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Primagaz: Primagaz is a European LPG distributor (part of SHV Energy) serving residential, commercial, and industrial customers across France and other European markets. Direct comparable to UGI International in LPG bulk distribution and autogas.
• DCC plc: DCC plc is a leading international sales, marketing, and support services group with a large LPG and energy division. DCC Energy is the direct buyer of UGI International's Central European LPG businesses and is the most direct comparable—an LPG-focused distributor operating across multiple European geographies.
• SHV Energy: SHV Energy is the world's largest LPG distributor, operating brands such as Calor (UK), Primagaz (France), and Calor Gas across Europe. Direct peer in LPG distribution to residential, commercial, and autogas customers across European markets.
• Antargaz: Antargaz is a major French LPG distributor (part of UGI's competitor set in Europe), supplying propane and butane to residential, commercial, and industrial customers. Direct comparable on European LPG distribution, with overlapping customer segments.
• Butagaz: Butagaz is one of France's leading LPG distributors, owned by DCC Energy, serving residential, professional, and mobility (autogas) customers. Direct peer in the French/European LPG retail and distribution market.

Broad incumbents

• TotalEnergies (LPG/Bitumen downstream): TotalEnergies is a global integrated energy major with significant LPG production, trading, and distribution operations across Europe. Overlaps with UGI International in downstream LPG marketing and retail fuel distribution, though as part of a much broader integrated portfolio.
• Repsol: Repsol is a Spanish integrated energy company with European LPG (butano/propano) distribution to residential and commercial customers. Broad incumbent comparable in LPG marketing and retail distribution in European markets.
• CEPSA: CEPSA (now part of Cepsa/Mubadala) operates LPG distribution across Spain and Portugal, serving residential and commercial customers. Broad incumbent peer in Iberian LPG markets with comparable downstream distribution economics.

Regional players

• Suburban Propane Partners: Suburban Propane Partners is a US-focused LPG distributor serving residential, commercial, and industrial customers. Comparable business model (pure-play LPG distribution) but operates primarily in the US, not Europe.
• Flame Corporation (American LPG/Propane distributors): AmeriGas is the largest US LPG distributor, comparable to UGI International in pure-play LPG distribution model, customer segmentation (residential, commercial, autogas), and unit economics. Regional peer as it operates primarily in North America.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ugi-international

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UGI International