Our history

  1. Go to Era 1
  2. Go to Era 2
  3. Go to Era 3

Foundation and venture capital heritage

DCC was founded in 1976 by Jim Flavin as Development Capital Corporation Limited – a venture and development capital company based in Dublin, Ireland. The investment focus was to back entrepreneurial management teams in growth businesses that displayed attractive return on capital employed characteristics.

Founded in Dublin, Ireland by Jim Flavin – DCC's first Chief Executive.

First office 62 Merrion Square South.

First investment in the Energy sector with the acquisition of Flogas, an Irish LPG business.

Eugene Quigley Chief Executive, Flogas plc.

Investment in Hospital Enterprises, the forerunner for today’s DCC Vital within the Healthcare division – first investment in Healthcare.

Move to a new office: DCC House on Brewery Road in Dublin.

DCC celebrates 10 years in business and opening of London office.

SHARP TEXT,  MICRO-P and other logos

Investments in Sharptext (Ireland) and Micro-P (UK) in the Technology distribution sector.

1976
1977
1982
1986
1988

Transition to an operating group in the UK & Ireland

From 1976 to 1990 DCC grew to become Ireland’s number one venture capital business with a compound annual return of 23%. The most successful investments tended to be those where DCC had most input and control. This, coupled with a broader growth ambition, led DCC to transition from a venture capital business to an operating group over the following years.

Strategic change begins – disposing of certain investments to concentrate on the Energy, Healthcare, Technology, Environmental and Food sectors.

DCC lists on the London and Dublin stock exchanges, with revenue and operating profit at the time of €302 million and €21 million respectively.

Irish Stock Exchange – 19th May 1994 First day of trading in DCC Shares.

FLOGAS

Public offer for Flogas plc sees DCC take control.

Eurocaps

Acquisition of two UK health and beauty businesses, Europcaps and Thomson & Capper.

First entry into UK oil sector, with purchase of BP’s business in Scotland.

BP

Purchase of British Gas’ LPG business in the UK.

Operating profit passes €100 million for the first time.

DCC Energy enters the Fuelcard market with purchase of UK’s Fuel Card Services.

Acquisition of Shell Direct makes DCC Energy the largest independent oil distributor in Britain.

DCC Technology grows to become the leading consumer software distributor in Britain.

The DCC Group now employs over 5,000 people.

1990
1994
1996
1998/9
2001
2002
2003
2005
2006

Growing in the UK and Europe…

DCC’s success in its first 15 years as a public company saw it significantly expand its footprint in the UK & Ireland. Developing relationships with international oil majors and technology suppliers also provided DCC with opportunities for expansion in Continental Europe.

DCC Technology enters the French retail distribution market with the purchase of Banque Magnetique.

Shell

DCC Energy expands into the oil distribution markets in continental Europe for the first time with the purchase of Shell’s businesses in Denmark and Austria.

DCC Energy strengthens its position in Oil in the UK with the purchase of Total Butler and Pace Fuelcare.

DCC Technology expands its product, customer and market coverage with the acquisition of Comtrade in France and Advent Data in the UK.

DCC now employs over 8,000 people and operating profit exceeds €230 million.

Continental Europe now accounts for over 20% of the Group’s profits.

Kent Pharmaceuticals

DCC Healthcare significantly expands it’s UK and pharma business with the acquisition of Kent Pharmaceuticals.

Q-Star

DCC enters the retail fuels market in Europe with the acquisition of Q-Star in Sweden, a large unmanned retail petrol station business.

DCC disposes of Food & Beverage division, bringing sharpened strategic focus to the Group’s operations.

certas energy

Rebranding of DCC Energy’s UK oil distribution business as ‘Certas Energy’.

exertis

DCC Technology’s operating businesses rebranded as ‘Exertis’. 10 businesses become one brand.

esso, Butgaz - 319 Esso SAF, Retail Sites in France

DCC completes its 2 largest acquisitions to date in entering the French LPG market, buying Butagaz from Shell and ESSO SAF’s unmanned and motorway retail petrol station network in France.

Exertis starts building a new National Distribution Centre in Burnley.

FTSE 100

DCC included in the FTSE100 index – December 2015.

Operating profits pass £300 million for the first time and DCC now employs over 10,500 people in 15 countries.

esso

DCC Energy announces its agreement to acquire Esso's retail petrol station network in Norway, further broadening its retail footprint.

2007
2009
2011
2012
2013
2014
2015
2016
2017

Foundation and venture capital heritage

DCC was founded in 1976 by Jim Flavin as Development Capital Corporation Limited – a venture and development capital company based in Dublin, Ireland. The investment focus was to back entrepreneurial management teams in growth businesses that displayed attractive return on capital employed characteristics.

1976

Founded in Dublin, Ireland by Jim Flavin – DCC's first Chief Executive.

1976

First office 62 Merrion Square South.

1977

First investment in the Energy sector with the acquisition of Flogas, an Irish LPG business.

Eugene Quigley Chief Executive, Flogas plc.

1982

Investment in Hospital Enterprises, the forerunner for today’s DCC Vital within the Healthcare division – first investment in Healthcare.

1986

Move to a new office: DCC House on Brewery Road in Dublin.

1986

DCC celebrates 10 years in business and opening of London office.

1988 SHARP TEXT,  MICRO-P and other logos

Investments in Sharptext (Ireland) and Micro-P (UK) in the Technology distribution sector.

Transition to an operating group in the UK & Ireland

From 1976 to 1990 DCC grew to become Ireland’s number one venture capital business with a compound annual return of 23%. The most successful investments tended to be those where DCC had most input and control. This, coupled with a broader growth ambition, led DCC to transition from a venture capital business to an operating group over the following years.

1990

Strategic change begins – disposing of certain investments to concentrate on the Energy, Healthcare, Technology, Environmental and Food sectors.

1994

DCC lists on the London and Dublin stock exchanges, with revenue and operating profit at the time of €302 million and €21 million respectively.

1994

Irish Stock Exchange – 19th May 1994 First day of trading in DCC Shares.

1996 FLOGAS

Public offer for Flogas plc sees DCC take control.

1998/9 Eurocaps

Acquisition of two UK health and beauty businesses, Europcaps and Thomson & Capper.

2001

First entry into UK oil sector, with purchase of BP’s business in Scotland.

2002 BP

Purchase of British Gas’ LPG business in the UK.

2003

Operating profit passes €100 million for the first time.

2005

DCC Energy enters the Fuelcard market with purchase of UK’s Fuel Card Services.

2005

Acquisition of Shell Direct makes DCC Energy the largest independent oil distributor in Britain.

2005

DCC Technology grows to become the leading consumer software distributor in Britain.

2006

The DCC Group now employs over 5,000 people.

Growing in the UK and Europe…

DCC’s success in its first 15 years as a public company saw it significantly expand its footprint in the UK & Ireland. Developing relationships with international oil majors and technology suppliers also provided DCC with opportunities for expansion in Continental Europe.

2007

DCC Technology enters the French retail distribution market with the purchase of Banque Magnetique.

2009 Shell

DCC Energy expands into the oil distribution markets in continental Europe for the first time with the purchase of Shell’s businesses in Denmark and Austria.

2011

DCC Energy strengthens its position in Oil in the UK with the purchase of Total Butler and Pace Fuelcare.

2011

DCC Technology expands its product, customer and market coverage with the acquisition of Comtrade in France and Advent Data in the UK.

2011

DCC now employs over 8,000 people and operating profit exceeds €230 million.

2012

Continental Europe now accounts for over 20% of the Group’s profits.

2013 Kent Pharmaceuticals

DCC Healthcare significantly expands it’s UK and pharma business with the acquisition of Kent Pharmaceuticals.

2014 Q-Star

DCC enters the retail fuels market in Europe with the acquisition of Q-Star in Sweden, a large unmanned retail petrol station business.

2014

DCC disposes of Food & Beverage division, bringing sharpened strategic focus to the Group’s operations.

2014 certas energy

Rebranding of DCC Energy’s UK oil distribution business as ‘Certas Energy’.

2014 exertis

DCC Technology’s operating businesses rebranded as ‘Exertis’. 10 businesses become one brand.

2015 esso, Butgaz - 319 Esso SAF, Retail Sites in France

DCC completes its 2 largest acquisitions to date in entering the French LPG market, buying Butagaz from Shell and ESSO SAF’s unmanned and motorway retail petrol station network in France.

2015

Exertis starts building a new National Distribution Centre in Burnley.

2015 FTSE 100

DCC included in the FTSE100 index – December 2015.

2016

Operating profits pass £300 million for the first time and DCC now employs over 10,500 people in 15 countries.

2017 esso

DCC Energy announces its agreement to acquire Esso's retail petrol station network in Norway, further broadening its retail footprint.