What is the final agreed takeover price for DCC Energy, and how does it compare to its pre-offer share price?

KKR & Co. and Energy Capital Partners agreed to acquire DCC Energy Plc for more than £5.7 billion ($7.6 billion), offering £66.72 per share including a dividend; this represents a 24% premium to DCC’s share price in late April, prior to the commencement of the initial offer period, and the premium will rise further if the full £1.25 per share contingent payment — tied to at least $800 million from the sale of Nexora — is realized.

Why has DCC Energy been difficult to value in public markets, according to its CEO?

According to CEO Donal Murphy, DCC has been hard to value in public markets because 'the vast bulk of our business is still in the hydrocarbon area' and, amid a period when ESG considerations were 'very very high on investors’ agendas', fossil fuel–focused companies 'don’t attract high valuations on the market', which has been an issue for DCC.

DCC Energy Agrees to $5.7 Billion-Plus Takeover by KKR, Energy Capital

Jul 26, 2026

KKR and Energy Capital Partners agreed to acquire DCC Energy Plc for over £5.7 billion, offering a 24% premium to shareholders. The firm distributes fuel and gas across Europe and the US, highlighting ongoing M&A activity in the UK.

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