Valley Forge, Pa., Jan 16 — UGI International, LLC (“UGI International”) today announced that it has entered into a definitive agreement to divest its LPG distribution businesses in Czech Republic, Hungary, Poland, and Slovakia, to DCC plc for an enterprise value of approximately €48 million.
“This divestiture substantially completes UGI International’s previously announced portfolio optimization program, allowing us to sharpen our focus on the segments where we have the strongest competitive positions and growth opportunities,” said Julie Fazio, President of UGI International. “By concentrating on markets where we have scale, established supply infrastructure and strong customer relationships, we are positioning UGI International for sustainable value creation.”
The transaction is expected to close in the first half of calendar 2026, subject to customary closing conditions. Net proceeds from the sale will be used to reduce debt at UGI Corporation, as we continue to strengthen the corporation’s balance sheet and increase financial flexibility for future growth investments.