DCC Plc (LSE:DCC) announced on Monday the sale of its InfoTech business operating in the UK and Ireland to private equity firm AURELIUS, in a deal valuing the unit at around £100 million on an enterprise basis.
The transaction is structured on a cash-free, debt-free, and normalized working capital basis. However, DCC cautioned that the actual net cash proceeds will be “not material” due to seasonal working capital fluctuations and supply chain financing related to the business, which totaled £156 million as of March 31, 2025.
In fiscal 2025, InfoTech contributed roughly £2 billion in revenue, accounting for about half of the total revenue generated by DCC’s Technology division. Despite its sizeable revenue, the business operated close to break-even, delivering less than 10% of the division’s EBITA.
Under the terms of the deal, DCC will keep ownership of its UK national distribution center located in Burnley, England.
This sale follows the company’s earlier divestment of its Health division and marks another step in streamlining DCC’s group structure. After completing these transactions, only the ProTech and LifeTech segments of the Technology division remain to be divested, with sales anticipated in 2026.
The remaining Technology businesses, largely based in North America, generate around £2 billion in revenue and £75 million in EBITA, and are considered more profitable and higher value-add compared to the InfoTech unit facing structural challenges.
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