January 16, 2026 [Market Watch]- UGI International agreed to sell its liquefied petroleum gas distribution businesses in the Czech Republic, Hungary, Poland and Slovakia to DCC for 48 million euros, equivalent to $55.9 million, including debt.

“This divestiture substantially completes UGI International’s previously announced portfolio optimization program, allowing us to sharpen our focus on the segments where we have the strongest competitive positions and growth opportunities,” President Julie Fazio said Thursday.

She added that UGI’s strategy to concentrate on markets in which it has scale, established supply infrastructure and strong customer relationships will best position the company for future growth.

Proceeds from the sale, which is expected to close in the first half of the year, will be used to pay down debt, providing increased flexibility for future growth investments, the company said.