August 22, 2017 10:36 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Compania Logistica de Hidrocarburos CLH, S.A.

Company Overview

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...

Titán, 13

Madrid,  28045

Spain

Founded in 1927

1,680 Employees

Phone:

34 91 774 60 00

Key Executives for Compania Logistica de Hidrocarburos CLH, S.A.

CEO & Executive Director
Executive Chairman
Age: 68
General Manager of Operations
Managing Director
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

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

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

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.

Similar Private Companies By Industry

Company Name Region
Alto Bierzo, S.A. Europe
Ambene Avenir S.A. Europe
Bahía Bizkaia Gas, S.L Europe
Ballenoil Corporation, S.L. Europe
Becco Fuels, S.L. Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 14, 2017
--
Merger/Acquisition
May 17, 2017
--
Merger/Acquisition
April 3, 2017
--
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Compania Logistica de Hidrocarburos CLH, S.A., please visit www.clh.es. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.