DCC to sell DCC Healthcare to HealthCo for GBP 1.05bn

Niederer Kraft Frey supported DCC plc on the Swiss law aspects in connection with the sale of DCC Healthcare to HealthCo Investment Limited (HealthCo), an independently managed investment subsidiary of funds managed and/or advised by Investindustrial Advisors Limited (Investindustrial).

The proposed transaction values DCC Healthcare at a total enterprise value of GBP 1.05 billion on a cash-free, debt-free basis. The proposed transaction is subject to receipt of customary regulatory approvals and is expected to complete in the third quarter of 2025.

The transaction is a material step in DCC’s strategy to simplify operations, maximize shareholder value and accelerate the growth of its energy business, DCC’s largest and highest returning division.

DCC plc is a leading international sales, marketing, and support services group. Headquartered in Dublin, DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100. Investindustrial is a leading European group of independently managed investment, holding, and advisory companies with €17 billion of raised fund capital.

NKF acted as Swiss counsel in this transaction in collaboration with Cleary Gottlieb Steen & Hamilton LLP and William Fry LLP.

The NKF team was led by Corporate/M&A partners Deirdre Ni Annrachain and Philippe Weber, working with associate Manuel Hirlinger, junior associate Philipp Theiler (all Corporate/M&A) and partner Janine Reudt-Demont (Healthcare/Regulatory).