Aster to acquire stake in Changi Airport fuel facility
Acquiring Company
Aster
Acquired Company
Changi Airport Fuel Hydrant Installation (CAFHI)
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.
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Based on deal dataFrequently 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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