UGI International to divest LPG businesses in Eastern Europe

February 8, 2026 By Sydney Fischer 0 Comments

UGI International 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 $56 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,” says 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. According to the company, net proceeds from the sale will be used to reduce debt at UGI Corp., as it continues to strengthen the corporation’s balance sheet and increase financial flexibility for future growth investments.

UGI International is a subsidiary of UGI Corp. and is an 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.

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