
Investments
1Portfolio Exits
1Funds
1Klesch Group Web Traffic
Klesch Group Rank
Latest Klesch Group News
Jan 11, 2022
Aramco Trading inks deal with Klesch Group for feedstock supply Aramco Trading inks deal with Klesch Group for feedstock supply Saudi Arabia Aramco Trading inks deal with Klesch Group for feedstock supply Saudi Aramco's trading arm has signed an agreement with Klesch Group, an international industrial commodities group, for the exclusive supply of feedstocks for its refinery in Denmark. Under the deal, Aramco Trading Co. (ATC), that trades gas, crude, refined products, will exclusively supply 110 million barrels per day (MBD) of crude, the company said in a statement on Tuesday. This deal also gives Aramco a strategic footprint in the refining business in north-west Europe, a fast-growing and under-served market, according to the statement. “This will also pave the way for creating a framework that will allow similar transactions in Europe and other parts of the energy map,” said Ibrahim Al Buainain, President and CEO of Aramco Trading. ATC, which was set up in 2012 initially to market refined products, base oils and bulk petrochemicals, has since expanded into crude trading. To reach out to a wider customer base, it strategically maintains storage and blending facilities in major trading hubs. Klesch Group, which is involved in the production and trading of oil and metals, as well as financial derivatives, completed the acquisition of Equinor Refining in Denmark on December 31, 2021, consisting of the Kalundborg refinery, including a terminal in the
Klesch Group Investments
1 Investments
Klesch Group has made 1 investments. Their latest investment was in Kem One Innovative Vinyls as part of their Other Investors on .
Klesch Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
Other Investors | Kem One Innovative Vinyls | Yes |
Date | |
---|---|
Round | Other Investors |
Company | Kem One Innovative Vinyls |
Amount | |
New? | Yes |
Co-Investors | |
Sources |
Klesch Group Portfolio Exits
1 Portfolio Exit
Klesch Group has 1 portfolio exit. Their latest portfolio exit was Kem One Innovative Vinyls on July 31, 2015.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/31/2015 | Divestiture | 2 |
Date | 7/31/2015 |
---|---|
Exit | Divestiture |
Companies | |
Valuation | |
Acquirer | |
Sources | 2 |
Klesch Group Acquisitions
1 Acquisition
Klesch Group acquired 1 company. Their latest acquisition was Equinor - Denmark Refinery Business on June 10, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
6/10/2021 | Acquired Unit | 1 |
Date | 6/10/2021 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired Unit |
Sources | 1 |
Klesch Group Fund History
1 Fund History
Klesch Group has 1 fund, including Klesch Capital Partners LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
8/6/1997 | Klesch Capital Partners LP | Restructuring/Distressed Debt | Closed | 1 |
Closing Date | 8/6/1997 |
---|---|
Fund | Klesch Capital Partners LP |
Fund Type | Restructuring/Distressed Debt |
Status | Closed |
Amount | |
Sources | 1 |
Klesch Group Team
2 Team Members
Klesch Group has 2 team members, including current Senior Vice President, Robert Johnson.
Name | Work History | Title | Status |
---|---|---|---|
A. Gary Klesch | U.S. Department of Treasury | Founder | Current |
Robert Johnson | SteelEye, Puma Energy, World Fuel Services, Noble Group, and BP | Senior Vice President | Current |
Name | A. Gary Klesch | Robert Johnson |
---|---|---|
Work History | U.S. Department of Treasury | SteelEye, Puma Energy, World Fuel Services, Noble Group, and BP |
Title | Founder | Senior Vice President |
Status | Current | Current |
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