DLG and DCC plan to join forces in new energy partnership

DLG and DCC Energi have reached agreement in principle to combine their respective energy businesses in Denmark. The partnership will create one of the leading energy businesses in Denmark, selling a broad range of energy products and services including diesel, heating oil, marine fuel, lubricants, biofuels, coal, electricity and natural gas throughout Denmark. 

»This partnership is a significant and ambitious step forward for DLG. We see a large amount of potential by partnering with DCC with whom we have already had a successful distribution cooperation for several years. The partnership will provide an even more competitive offering to our customers « said CEO in DLG Group, Kristian Hundebøll.

The partnership will leverage both DLG and DCC's extensive experience in the energy sector to provide a comprehensive range of products and high levels of service to both existing and new customers. The partnership will continue to be a Shell brand partner. 

»Our common vision is to become a market leader in the Danish energy sector. « said Kristian Hundebøll of DLG.

DLG Group is one of Europe's largest agricultural groups with 7,500 employees in 40 subsidiaries based in more than 20 countries. In 2013 the group had a turnover of 59 bln DKK. On an overall basis, DLG generates 23 pct of its revenue from its energy business with Germany as its largest market.

DCC Energi is the Danish subsidiary of DCC Energy. DCC Energy is the leading oil and liquefied petroleum gas (LPG) sales, marketing and distribution group in Europe. DCC Energy operates across 10 European countries with sales of c. 12.5 bln litres of product to over one million customers. DCC Energy is the largest division of DCC plc, a FTSE 250 listed business with a market capitalization of c. £3.0 bln.