H.L. Boulton

H.L. Boulton (BVC: HLB) is a holding company based in Venezuela engaged in the import and export of various goods and equipment. The company operates in two sectors, investing and international trade.

H.L. Boulton & Co S.A.
TypePublic (BVC: HLB)
IndustryLogistics and Investing
Founded(1824) by Henry Lord Boulton
HeadquartersCaracas, Venezuela
Key people
Carlos Acosta, (Chairman)
ProductsMaritime logistics
RevenueIncrease US$ 424.7 Million (2007)
Websitewww.hlboulton.com.ve

The company's Investing sector administers strategics portfolios of shares of various Venezuelan companies that conduct different activities. It primarily invests in the companies of industrial, petrochemical and manufacturing areas, as well as in refractory and maritime transportation enterprises.

The company's International Trade sector is involved in maintaining docks, container terminals and warehouses, merchandise deposit, ownership and operation of ships and coastal shipping line and national and international transportation.

In 2001, the company sold a half-interest in its port terminal operations to CSX Corporation.[1]

The company's shares are traded on the Caracas Stock Exchange, and the company forms part of the Índice Bursátil de Capitalización, the exchange's main and most important index.

In 2005, the company was closed down for 48 hours and fined over tax violations.[2] The taxation agency penalized the company again in 2009.[3]

The company has been owned by the Boulton family for many years.[4]

References
  1. "Venezuela: HL Boulton sells 50% of port terminal operation". South American Business Information. May 25, 2001. Archived from the original on November 2, 2012. Retrieved 2009-11-07.
  2. "Seniat aplicó cierre a Bigott, H.L. Boulton y Archimóvil". El Universal. 2005-01-21. Retrieved 2009-11-07.
  3. "Seniat embargó empresas HL Boulton y Walco industrial". El Universal. March 17, 2009. Archived from the original on July 18, 2012. Retrieved 2009-11-07.
  4. "Andres Boulton, 87, Longtime Venezuelan Industrialist". Miami Herald. January 16, 1998. p. 4B. Retrieved 2009-11-07.
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