DCC has entered into an agreement to sell its Info Tech business in the UK and Ireland to private equity investor, Aurelius.
The transaction prices the business at a total enterprise value of £100m.
In the year to 31 March 2025, Info Tech recorded £2bn in revenue and represented approximately 1% of DCC’s continuing operating profit.
The Dublin-headquartered, FTSE 100 constituent said that the net proceeds of the sale are "not material".
The transaction follows the sale of DCC Healthcare in April to HealthCo Investment Limited on a cash-free, debt-free basis.
Chief executive at DCC, Donal Murphy, said that the sale of Info Tech marks "huge strategic progress" for the firm this year.
He concluded: "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.
"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."
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