Agreement signedPublished 20 Sep 2026

KKR and Energy Capital Partners (via Dragon Bidco) /
DCC Energy

KKR and Energy Capital Partners won DCC Energy shareholder approval for their recommended takeover via Dragon Bidco.

Equity value
about USD 7.6 billion
Stage
Agreement signed
KKR logo
BuyerKKR
Mark Breuer
Non-executive Chair, DCC EnergyMark Breuer
Source · 20 Sep 2026
KKR logo
BuyerKKR
Mark Breuer
Non-executive Chair, DCC EnergyMark Breuer
01 / BuyerKKR and Energy Capital Partners (via Dragon Bidco)
02 / TargetDCC Energy
01

What happened

Scheme Meeting passed with 78.09% of votes cast for on Sept. 18.

DCC Energy distributes liquid gas, biofuels and renewables under brands like Certa and Flogas. Recommended cash offer values equity at about USD 7.6 billion. Irish High Court sanction still due; completion targeted for Q1 2027.

Who bought DCC Energy?

KKR and Energy Capital Partners (via Dragon Bidco) agreed to acquire DCC Energy in a deal valuing it at about USD 7.6 billion equity value (Agreement signed, posted 20 Sep 2026).

02

The source

Estimate

USD 7.6bn Equity value

01
Source

KKR and Energy Capital Partners won DCC Energy shareholder approval for their recommended takeover via Dragon Bidco.

Original filingUnlock with Pro
03

Timeline

Dates marked ahead haven’t happened yet.

  1. Shareholder vote

  2. Published by the source

  3. Expected close

The same firms, in other posted deals

  1. KKR · buyer · KKR / ChaseBefore this deal
  2. KKR · buyer · KKR and Neuberger / Datavant (significant minority stake)Before this deal
  3. KKR · buyer · KKR / IntegerAfter this deal
  4. KKR · buyer · KKR / Gen II Fund ServicesAfter this deal
04

Deal Web

Every firm and person on this deal, and how they connect. Open any name to see their other deals.

Deal Web · 3 firms · 1 personHover a name to see how it connects
This dealKKR and Energy Capital Partners (via Dragon Bidco) / DCC EnergyAgreement signed · Published 20 Sep 2026
BuyerKKRBuyerEnergy Capital PartnersTargetDCC EnergyNon-executive Chair, DCC EnergyMark Breuer
This dealKKR and Energy Capital Partners (via Dragon Bidco) / DCC Energy

Agreement signed · KKR and Energy Capital Partners (via Dragon Bidco) agreed to acquire DCC Energy (Agreement signed, posted 20 Sep 2026).

Posted 20 Sep 2026
Timeline
  1. Shareholder vote
  2. Posted on @carrywatch
  3. Expected close
Hover or tap a name to see how it connects, and when
Deal Web as a list
  • KKR (Buyer) agreed to acquire this deal. KKR: 5 deals on Carrywatch.
  • Energy Capital Partners (Buyer) agreed to acquire this deal. Energy Capital Partners: 1 deal on Carrywatch.
  • DCC Energy (Target) target this deal. DCC Energy: 1 deal on Carrywatch.
  • Mark Breuer (Non-executive Chair, DCC Energy) named in post this deal. Mark Breuer: named in 1 post on Carrywatch.
Next / Profile

Mark Breuer

Non-executive Chair, DCC Energy