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




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).
The source
Estimate
USD 7.6bn Equity value
KKR and Energy Capital Partners won DCC Energy shareholder approval for their recommended takeover via Dragon Bidco.
Original filingUnlock with ProTimeline
Dates marked ahead haven’t happened yet.
Shareholder vote
Published by the source
Expected close
The same firms, in other posted deals
- KKR · buyer · KKR / ChaseBefore this deal
- KKR · buyer · KKR and Neuberger / Datavant (significant minority stake)Before this deal
- KKR · buyer · KKR / IntegerAfter this deal
- KKR · buyer · KKR / Gen II Fund ServicesAfter this deal
Deal Web
Every firm and person on this deal, and how they connect. Open any name to see their other deals.
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- Shareholder vote
- Posted on @carrywatch
- Expected close
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.

Mark Breuer
Non-executive Chair, DCC Energy
By email · Weekly