By Michele Maatouk
Date: Monday 14 Jul 2025
LONDON (ShareCast) - (Sharecast News) - Sales, marketing and support services group DCC said on Monday that it has agreed to sell its Info Tech business in the UK and Ireland to private equity investor Aurelius for around £100m.
In the year ending 31 March 2025, the business recorded revenue of £2bn and represented approximately 1% of DCC's continuing operating profit.
DCC said the net cash proceeds from the sale are "not material", reflecting the working capital seasonality and the supply chain financing associated with the business.
It also said it retains freehold title of its UK national distribution centre in Burnley, England.
DCC noted that the remainder of DCC Technology, its Pro Tech business, is principally based in North America, with a smaller growth platform in Europe.
Chief executive Donal Murphy said: "The divestment of Info Tech in the UK and Ireland is a further material step in simplifying our group and focusing on our high growth, high return, energy business. It follows the sale of DCC Healthcare announced in April 2025.
"We have made huge strategic progress this year. We are confident that Aurelius will be a strong partner for our UK and Ireland Info Tech business, driving further operational and financial improvement. This transaction also represents a positive move for our team, providing new opportunities for growth, development, and long-term success."
At 0940 BST, the shares were down 1.4% at 4,666.80p.
Dan Coatsworth, investment analyst at AJ Bell, said: "Support services outfit DCC saw shareholders react with some mild disappointment to news it will receive no meaningful proceeds from the sale of its technology distribution business.
"The transaction does move along the tidying-up process as the business looks to sharpen its focus on energy - its highest returning area of operation."
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