DCC acquires Allied Foods

DCC plc has announced that, following clearance from the Competition Authority in Ireland, its Food & Beverage division has completed the acquisition of 100% of Allied Foods Limited.

DCC first invested in Allied Foods in 1989 and has owned 50% of the voting share capital and 51.5% of the total share capital of Allied Foods’ holding company, Millais Investments Limited, since 1998.