UGI International Sells Eastern European LPG Businesses to DCC for €48 Million

Reuters
2026.01.15 12:01
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UGI International, LLC has agreed to sell its LPG distribution businesses in Eastern Europe to DCC plc for €48 million. The deal is expected to close in the first half of 2026, pending customary conditions. Proceeds will be used to reduce UGI Corporation's debt, enhancing its financial flexibility for future growth. This sale is part of UGI's portfolio optimization strategy, allowing a focus on markets with strong competitive positions and growth opportunities.