M&A Deal Summary

DCC Acquires Royal Dutch Shell - LPG Business In Hong Kong & Macau

On April 5, 2017, DCC acquired oil/gas exploration company Royal Dutch Shell - LPG Business In Hong Kong & Macau from Shell for 1.2B HKD

Acquisition Highlights
  • This is DCC’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is DCC’s 3rd largest (disclosed) transaction.
  • This is DCC’s 1st transaction in China.

M&A Deal Summary

Date 2017-04-05
Target Royal Dutch Shell - LPG Business In Hong Kong & Macau
Sector Oil/Gas Exploration
Buyer(s) DCC
Sellers(s) Shell
Deal Type Divestiture
Deal Value 1.2B HKD

Target

Royal Dutch Shell - LPG Business In Hong Kong & Macau

China
Royal Dutch Shell plc - LPG Business In Hong Kong & Macau is one of the major LPG sales and marketing businesses in Hong Kong and Macau, where it has been selling LPG for almost sixty years. The business provides LPG in bulk, cylinder and autogas formats to domestic, commercial and industrial customers.

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Buyer(S) 1

Buyer

DCC

Dublin, Ireland

Category Company
Founded 1976
Sector Distribution
Employees16,700
Revenue 18.0B GBP (2025)
DESCRIPTION

DCC is a broadly based group, operating across five focused divisions: energy, technology, healthcare, environmental and food & beverage. DCC was founded in 1976 and is based in Dublin, Ireland.


DEAL STATS #
Overall 11 of 15
Sector: Oil/Gas Exploration M&A 2 of 2
Type: Divestiture M&A Deals 3 of 4
Country: China M&A 1 of 1
Year: 2017 M&A 2 of 2
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-05 Enva

Ireland

Enva is an environmental services platform providing mission-critical, highly specialized, and regulated waste management services in the UK and Ireland. The company conducts waste collection, processing, and resource recovery at 34 facilities across the UK and Ireland, serving more than 20,000 industrial, energy, automotive, and other customers. It focuses on waste streams with complex technical and regulatory characteristics, requiring specialized expertise and licenses. Enva was formed in 1972 and is based in Ireland.

Sell £219M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-13 Kondor

Christchurch, United Kingdom

Kondor Ltd. is a distributor of audio and mobile accessory products to a broad range of e-tail, retail and mobile operator customers. Kondor Ltd. was founded in 1994 and is based in Christchurch, United Kingdom.

Buy -

Seller(S) 1

SELLER

Shell

London, United Kingdom

Category Company
Founded 1907
Sector Oil/Gas Exploration
Employees96,000
Revenue 284.3B USD (2024)
DESCRIPTION

Shell is an Anglo–Dutch multinational oil and gas company. Shell was founded in 1907 and is based in London, United Kingdom.


DEAL STATS #
Overall 11 of 19
Sector: Oil/Gas Exploration M&A 6 of 13
Type: Divestiture M&A Deals 11 of 19
Country: China M&A 2 of 2
Year: 2017 M&A 2 of 2
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 Royal Dutch Shell - UK North Sea Assets

United Kingdom

Royal Dutch Shell - UK North Sea Assets consists of Shell’s interests in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Block, the Greater Armada cluster, Everest, Lomond and Erskine, plus a 10% stake in Schiehallion. The package represents total production of some 115kboe/d (Shell share) in 2016. Shell’s total UK North Sea production during 2016 was around 211kboe/d.

Sell $3.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-15 Silicon Ranch

Nashville, Tennessee, United States

Silicon Ranch Corp. is a U.S. developer, owner, and operator of solar energy plants. Silicon Ranch develops to own all of its projects for the long-term and brings the economic, environmental, and community benefits of commercial and utility-scale solar energy together in a full-service model that requires no capital investment from its stakeholders. The company's operating portfolio includes more than 100 facilities across 14 states from New York to California, including the first large-scale solar projects in Tennessee, Georgia, Arkansas, and Mississippi.

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