DCC to acquire Chevron’s oil distribution business in UK for €27.52 million
Aug 15th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
DCC plc, the business support services group, announces today that it has reached agreement for DCC’s subsidiary, GB Oils, to acquire the trade, assets and goodwill of the Chevron Limited UK -Equity Distributor. The business, trading under the Texaco brand, distributes transport fuels and heating oils to commercial, industrial, agricultural and domestic customers principally in southern England and Wales. GB Oils has also agreed to enter into a long term supply arrangement with Chevron.