DCC in ‘strategically important’ €30m fuels buy

DCC shares rose over 1.3% in London as it said it had bought a fuels distribution and retail business in Denmark.

The shares rise add to a strong recovery for the group — with the stock having risen 7.25% since the start of the year.

It is buying for €30m the commercial and aviation fuels business from Alimentation Couche Tard — the Canadian company which acquired the Topaz filling stations here from Denis O’Brien.