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Aster to acquire stake in Changi Airport fuel facility

RECENTLY ACQUIREDAug 28, 2026about 2 hours ago

Acquiring Company

Aster

Acquired Company

Changi Airport Fuel Hydrant Installation (CAFHI)

San FranciscoSingaporeHospitals and Health CareVenture Capital FundOil And GasTransportation

Description

Aster has agreed to buy a stake in Changi Airport Fuel Hydrant Installation (CAFHI), enhancing its sustainable aviation fuel capabilities. This acquisition marks Chandra Asri’s third deal in Singapore within a year. The transaction aims to strengthen Aster's position in aviation fuel and is subject to requisite approvals.

Company Information

Company

Aster

Location

San Francisco, California, United States

About

A health-tech startup transforming prenatal and postnatal care with a predictive and preventative pregnancy care platform.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Changi Airport Fuel Hydrant Installation (CAFHI)?

Changi Airport Fuel Hydrant Installation (CAFHI) was acquired by Aster, based in San Francisco. The deal was reported on August 28, 2026. A health-tech startup transforming prenatal and postnatal care with a predictive and preventative pregnancy care platform. Aster is privately held and operates in Hospitals and Health Care.

When did Aster acquire Changi Airport Fuel Hydrant Installation (CAFHI)?

Aster's acquisition of Changi Airport Fuel Hydrant Installation (CAFHI) was reported on August 28, 2026. Aster has agreed to buy a stake in Changi Airport Fuel Hydrant Installation (CAFHI), enhancing its sustainable aviation fuel capabilities. This acquisition marks Chandra Asri’s third deal in Singapore within a year. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Changi Airport Fuel Hydrant Installation (CAFHI) do?

CAFHI is the aviation fuel infrastructure platform serving Singapore’s Changi Airport. It provides essential storage and distribution facilities for aviation fuel. Its shareholders include major oil companies such as ExxonMobil, Shell, and BP. It is privately held, operating in Oil And Gas, and is based in Singapore.

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