UGI International Sells Austrian LPG Business to DCC for €55 Million

Reuters

10/21

UGI International Sells Austrian LPG Business to DCC for €55 Million

UGI International has entered into a definitive agreement to sell its LPG distribution business in Austria to DCC, plc for an enterprise value of €55 million. The Austrian business accounted for approximately 12 million gallons sold in fiscal 2024 and represents a smaller portion of UGI International's European operations. According to Julie Fazio, President of UGI International, the decision to exit Austria aligns with the company's strategy to focus on markets where it can maximize operational expertise and generate stronger returns. Proceeds from the transaction will be used to reduce debt and enhance the company's financial flexibility. The sale is expected to close in the first quarter of fiscal 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UGI Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251021743183) on October 21, 2025, and is solely responsible for the information contained therein.

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The Austrian business accounted for approximately 12 million gallons sold in fiscal 2024 and represents a smaller portion of UGI International's European operations. According to Julie Fazio, President of UGI International, the decision to exit Austria aligns with the company's strategy to focus on markets where it can maximize operational expertise and generate stronger returns. Proceeds from the transaction will be used to reduce debt and enhance the company's financial flexibility. The sale is expected to close in the first quarter of fiscal 2026, subject to customary closing conditions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UGI Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251021743183) on October 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UGI","symbol_name":"UGI公用事业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251021:nNDL9zdJyp:1","article_id":"2577223858","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577223858","pubTimestamp":1761046228,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"UGI International has entered into a definitive agreement to sell its LPG distribution business in Austria to DCC, plc for an enterprise value of 55 million. The Austrian business accounted for approximately 12 million gallons sold in fiscal 2024 and represents a smaller portion of UGI International's European operations. According to Julie Fazio, President of UGI International, the decision to exit Austria aligns with the company's strategy to focus on markets where it can maximize operational expertise and generate stronger returns. Proceeds from the transaction will be used to reduce debt and enhance the company's financial flexibility. The sale is expected to close in the first quarter of fiscal 2026, subject to customary closing conditions.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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