UGI Divests LPG Distribution Business in Europe

UGI Corporation (NYSE:UGI) is included among the 10 High Yield Utility Stocks to Buy in 2026.

UGI Corporation (NYSE:UGI) is an international distributor and marketer of energy products and services, including natural gas, LPG, electricity, and renewable solutions, with well-developed infrastructure in key markets.

UGI Corporation (NYSE:UGI) announced on January 15 that it has reached a definitive agreement to sell its LPG distribution business in the Czech Republic, Hungary, Poland, and Slovakia to DCC plc for an enterprise value of approximately €48 million. The deal is part of the company’s previously announced portfolio optimization program and allows it “to sharpen its focus on the segments where it has the strongest competitive positions and growth opportunities”.

The transaction is expected to close in the first half of 2026, subject to customary closing conditions, with UGI using the net proceeds to reduce debt and strengthen its balance sheet.

UGI Corporation (NYSE:UGI) hit a 52-week high on January 27, with the stock posting gains of almost 30% over the last year. The company is set to announce its Q1 2026 results after the market closes on February 4.

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