Irish giant buys energy business

Countrywide Farmers has sold its liquefied petroleum gas distribution (LPG) business to Irish giant DCC for £28.75m.

The business, based in Evesham, Worcestershire, has been supplying rural customers with energy since the 1950s and has been focused on LPG for more than 35 years.

It has a network of 69 stores which supply 20,000 tonnes of bulk and cylinder LPG to domestic, agricultural and commercial customers across Britain each year.

DCC is a £12bn-turnover sales, marketing and support services group that is listed on the FTSE 100.

The acquired business will join DCC LPG, which operates across Europe. The Dublin-based group has three other divisions – technology, healthcare, and retail & oil.

The cash deal is expected to complete by the end of DCC’s financial year in March.

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