Exertis seeks a buyer as parent company DCC plans to concentrate on the energy sector

DCC plc, the parent company of Exertis, has announced it will sell the top-tier distributor as part of a new strategic direction focusing on the energy sector.

DCC aims to streamline its portfolio to capitalise on growth opportunities in energy. This announcement was made by DCC Chief Executive Donal Murphy during the company’s interim results presentation. The company plans to simplify its structure and concentrate on sectors it believes hold the most growth potential. While DCC will continue supporting the Technology division financially, it intends to identify a strategic partner to ensure a smooth transition.

Exertis, a key player within DCC’s Technology division, will continue delivering value to its vendor partners. DCC remains committed to investing in operational efficiencies, digital advancements, and integration initiatives.

Tim Griffin, CEO of Exertis IT, commented:

“We’re excited by the opportunities that DCC’s strategic update presents. This is a great opportunity for our Technology division as we explore the possibility of new ownership. Our focus remains on delivering for our customers and vendor partners. DCC’s strategic update provides another opportunity for us all to grow and progress. We want to reassure our customers and vendors of our commitment to them, to adding value, to delighting all our partners, and to enabling their success.”

Exertis changed its name from Micro Peripherals in 2013 when it became the technology division of DCC.