UGI International Signs Definitive Agreement to Divest LPG Businesses in Eastern Europe

UGI (NYSE:UGI) announced a definitive agreement to sell its LPG distribution businesses in Czech Republic, Hungary, Poland, and Slovakia to DCC plc for an enterprise value of approximately €48 million.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI International, LLC (“UGI International”) today announced that it has entered into a definitive agreement to divest its LPG distribution businesses in Czech Republic, Hungary, Poland, and Slovakia, to DCC plc for an enterprise value of approximately €48 million.

“This divestiture substantially completes UGI International’s previously announced portfolio optimization program, allowing us to sharpen our focus on the segments where we have the strongest competitive positions and growth opportunities,” said Julie Fazio, President of UGI International. “By concentrating on markets where we have scale, established supply infrastructure and strong customer relationships, we are positioning UGI International for sustainable value creation.”

The transaction is expected to close in the first half of calendar 2026, subject to customary closing conditions. Net proceeds from the sale will be used to reduce debt at UGI Corporation, as we continue to strengthen the corporation’s balance sheet and increase financial flexibility for future growth investments.

About UGI International

UGI International, a subsidiary of UGI Corporation, is a leading LPG distributor operating in 14 European countries. In 2025, UGI International sold approximately 820 million gallons of LPG throughout Europe to a customer base primarily consisting of residential, commercial, industrial, agricultural, wholesale and automobile fuel customers.

About UGI Corporation

UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services.

Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260114294060/en/

610-337-1000
Tameka Morris, ext. 6297
Arnab Mukherjee, ext. 7498

Source: UGI Corporation

Key Terms

enterprise value financial

Enterprise value is the total worth of a company, reflecting what it would cost to buy the entire business. It includes the company's market value plus any debts, minus its cash holdings, offering a comprehensive picture of its true value. Investors use it to compare companies regardless of their capital structures, helping them assess how much they would need to pay to acquire the business.

View in glossary

lpg technical

Liquefied petroleum gas (LPG) is a flammable mix of light hydrocarbons, stored as a liquid under modest pressure and used for heating, cooking, industrial processes, and as vehicle fuel. Investors watch LPG because its supply, price and storage costs affect energy companies, utilities and manufacturers that rely on it—think of it as the bottled fuel that heats homes and powers equipment, so changes in availability or price can influence earnings and inflation-sensitive sectors.