Finance
UK's DCC to sell its healthcare division for $1.41 billion
Published by Global Banking & Finance Review®
Posted on April 22, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 22, 2025
1 min readLast updated: January 24, 2026
DCC sells its healthcare division to Investindustrial for $1.41 billion, focusing on energy. The sale generates significant cash, benefiting shareholders.
(Reuters) -British sales and marketing services provider DCC on Tuesday said it will sell its healthcare division to private equity firm Investindustrial Advisors' investment unit for a total enterprise value of 1.05 billion pounds ($1.41 billion).
In November 2024, DCC had said it would exit its healthcare division and also look at options for its technology business in order to focus on energy, its biggest and fastest-growing business unit.
The sale of DCC Healthcare, which accounted for about 13% of DCC's adjusted operating profit in the year ended March 2024, is expected to generate net cash proceeds of about 945 million pounds, the company said.
DCC said it plans to return to shareholders the surplus cash generated by the group's restructuring. ($1 = 0.7456 pounds)
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Savio D'Souza)
The main topic is DCC's sale of its healthcare division to Investindustrial for $1.41 billion.
DCC is selling its healthcare division to focus on its energy business, which is its largest and fastest-growing unit.
DCC plans to return the surplus cash generated from the sale to its shareholders.
Explore more articles in the Finance category
