Oil, Gas and Consumable Fuels
Company Overview of Compania Logistica de Hidrocarburos CLH, S.A.
Compañía Logística de Hidrocarburos CLH, S.A. together with its subsidiaries, engages in the storage, transportation, and distribution of oil products in mainland Spain and the Balearic Islands. It operates through Land Supplies and Air Supplies segments. The company offers its services for various products, including gasoline, diesel, kerosene, fuel oils, aviation fuels, and biofuels through its tank truck loading facilities. It also provides advisory and technical assistance services for the installation and maintenance of distribution networks of various types of aviation fuels. The company operates an oil pipeline network of 4,019 kilometers of underground pipes that connect the CLH stor...
Founded in 1927
Key Executives for Compania Logistica de Hidrocarburos CLH, S.A.
General Manager of Operations
Corporate Finance Manager
Compensation as of Fiscal Year 2017.
Compania Logistica de Hidrocarburos CLH, S.A. Key Developments
CVC Capital Reportedly Near Agreement to Buy Stake in Spain's CLH
Mar 30 17
Private equity firm CVC Capital Partners is reportedly nearing an agreement to buy a minority stake in Spanish oil pipeline operator Compania Logistica de Hidrocarburos CLH SA from Ardian valued at about €1.5 billion ($1.6 billion) including debt. CVC’s agreement for the 25% stake in CLH, as the Madrid-based company is known, could reportedly come as early as next week. CVC may reportedly have outbid rival offers from companies including Macquarie Group Ltd.’s infrastructure fund. No final decision has reportedly been made, talks are ongoing and other bidders including Macquarie and sovereign wealth funds remain interested in the stake. A representative for CVC declined to comment and Ardian and Macquarie didn’t immediately respond.
Macquarie Reportedly Eyes Stake In CLH
Jan 23 17
Reports were circling last night that Macquarie Group Limited (ASX:MQG) is mulling a potential acquisition of $1.13 billion stake in Compania Logistica de Hidrocarburos CLH SA.
CLH Wins Operation and Renovation Contract At Dublin Airport
Apr 15 16
The CLH Group has won contract for the operation and renovation of the fuel storage terminal at Dublin airport. The CLH Group will operate and extend the existing fuel storage terminal at Dublin airport after the award of the tender process organised by DAA (Dublin Airport Authority). The company will manage the storage facility under a concession scheme for 20 years and will also renovate this infrastructure by expanding its capacity and building a new hydrant system. During the 2016-2018 period, the investment will exceed EUR 40 million with the aim of commissioning new infrastructures in stages, for which completion is expected in three years. The Managing Director of Dublin Airport, Vincent Harrison, highlighted the importance of this project for Dublin airport, owing to the growth it has experienced over recent years, and "the value of the partnership between CLH and Dublin Airport over the course of the next 20 years. The project also includes the building of a hydrant system at the airport piers in order to facilitate into-plane fuelling which will be connected to the storage terminal through a twin pipeline. To execute the project and operate the new plant, the CLH Group has created a new company under the name of CLH Aviation Ireland Ltd, 100% owned by CLH Aviacion. The company has already started a transition period, where data on current operations will be gathered and staff will be prepared so that it can take effective control of the infrastructure at the beginning of next May. Dublin airport will be the third airport by activity level operated by CLH Aviacion, ranking after Adolfo Suarez - Madrid Barajas and Barcelona - El Prat. This is the third international transaction undertaken by the CLH Group, after the projects in Oman and UK, based on commercial development opportunities and its expertise in airport facility management.
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