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Company Watch: DCC’s US expansion continues after record $610m deal to acquire Almo | Business Post

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The eye-watering purchase of the US electronics company is just the latest example of DCC’s longstanding fondness for big-ticket acquisitions. lorcanallen reports.

Donal Murphy, chief executive of DCC: focus is on growth in US. Picture: Fergal Phillips

Acquisitions have always been a standout feature of the DCC business model. It’s part of the company’s DNA, you might say. Even through a once-in-a-century pandemic, the company has continued to invest in acquisitions, spending more than €1 billion snapping up new businesses over the past 18 months. This included the €80 million acquisition of Wörner, a German medical supplies business, and a €125 million deal for United Propane Gas , a...

 

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