Our strategy

In November 2024 we took a decisive strategic decision to focus entirely on energy — our highest-returning, fastest-growing division. DCC Energy represented 74% of Group operating profits and delivered the highest returns of any division. We have since sold DCC Healthcare and divested our Info Tech business, returning £700 million to shareholders to date. The result is a simpler, more focused business — with greater capacity to invest in energy growth.

M&A is central to how we grow. We aim to deliver 6% to 8% M&A growth on average per year. With ~400 acquisitions completed since going public, we have the expertise to identify strong local energy businesses, integrate them effectively and build lasting value. We acquire businesses with mid to high teen return potential, organic growth and scale potential, quality infrastructure and an experienced team. This disciplined, proven approach, combined with organic growth, is how we compound returns and extend our reach across Europe and the US.