Natixis Partners Iberia advised the private equity firm CVC on the acquisition of a 25% stake in CLH, the leading oil transportation and storage company in the Spanish market. CVC’s Strategic Opportunities Platform acquired this stake from Ardian (10%), Kutxabank (5%), Abanca (5%) and Alberta Investment Management Corporation (AIMCo) (5%).
CLH has one of the largest and most efficient integrated oil product transportation and storage networks in the world with over 4,000 kilometres of oil pipeline and more than 8 million cubic meters of storage capacity in Spain, which is available to all oil operators in the country also owns the largest oil pipeline network in the UK.