The Canadian pension fund, The Workplace Safety and Insurance Board (WSIB) has acquired a 5% stake in the company Compañía Logística de Hidrocarburos (CLH). This transaction took place in the framework of the oil companies selling their shares in CLH.

Thus, the shareholding structure of the company comprises 11 groups, including financial entities and investment funds. Ardian and Boreals Spain Parent are the majority shareholders, with almost half the stake.

WSIB has acquired the block of 5% of the Dutch pension fund, Stichting Pensioenfonds Zorg en Welzijn.

Cuatrecasas, Gonçalves Pereira has advised WSIB on the acquisition through a multidisciplinary team from its Corporate and Commercial, Tax and Finance, and Labor and Employment Practices. The legal team comprised partners Federico Roig, Luis Pérez de Ayala, Carlos Ferrer and Juan Bonilla, and associate Javier Rovira.