DCC
DCC plc LSE: DCC is an Irish diversified investments group and holding company, founded by Jim Flavin in 1976.
Products and Services
Among other interests, they own the Emo chain of filling stations. They also own the Robt Roberts coffee company, distribute the KP snack food brand (itself owned by United Biscuits), and the SerCom IT distribution and supply chain management company.
Other company interests include the FloGas Butane company, the Fannin Healthcare pharmaceuticals company, 50% of the Kylemore cafe and bakery chain, and the Envirotech effulent managament firm.
History
The company was founded by Jim Flavin in 1976 as Development Capital Corporation Limited. Originally the company focused on providing venture capital to start ups, however in the mid-1980s it changed direction and became an industrial holding company, changing its name to DCC and floating on the Irish Stock Exchange and London Stock Exchange in 1994.
The company has become embroiled in controversy recently over the issue of alleged insider trading in Fyffes plc, the Irish fruit importing company in which a subsidary of DCC, Lotus Green, held a stake. In 2002 Fyffes sued DCC over the sale of its stake in the company. The case was tried in the Irish High Court from December 2004 until July 2005, however as of yet judgement has not been handed down.
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History
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Information provided by Wikipedia.
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