Ardian €310 million acquisition of a 10% stake in CLH

1/10/2015
Private acquisition

€ 310 million

$ 341 million

Completed

1/10/2015


Overview:

  • Ardian, an investment company, has acquired 10% stake in Compañía Logística de Hidrocarburos (CLH) from Repsol for €310 million. 
  • Following this agreement Ardian holds a 25% stake in CLH.
  • CLH is the leading company in Spain for oil product transportation and storage and is one of the largest private companies in its sector internationally. CLH provides services to most oil product operators in Spain.

Wai Yee Tsang - Journalist

Jurisdiction:

Spain

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Oil and gas


Firms:

Party: Ardian (Acquirer)


Party: Repsol (Seller)