topstockalerts
Shell has reached an agreement with DCC Energy regarding the potential sale of its French mobility business, according to Reuters, citing a person familiar with the matter and documents it reviewed. The transaction has not yet been finalized but is expected to close in Q2 2027, subject to consultation with employee representatives.
The deal covers approximately 70 service stations, eight liquefied natural gas (LNG) facilities and the transfer of 35 employees. Shell confirmed it is exploring the sale of its French service-station business but declined to provide further details. The financial value of the transaction has not yet been determined.
DCC Energy, which operates across Europe and the United States, supplies energy to millions of industrial and public-sector customers. Its operations include liquefied gas distribution, service stations, fleet services and off-grid energy solutions.
$SHEL
