Boich Companies
Suite 3750 South, Columbus, Florida, United States | Coal
Boich Companies maintained mining operations in southeast Ohio for three decades. In the mid-90’s, we sold these operations, moved to Columbus, and turned our focus to the coal trading business.
Our History
In the early 2000s, we again acquired mining operations in West Virginia and Kentucky, owning them until 2005, at which time they were sold to a private equity group.
In 2008, an affiliate of ours, along with FirstEnergy Corporation, acquired mining assets and developed them into Signal Peak Energy. Realizing the continued decline of domestic coal sales markets, we entered the international markets.
In late 2011, Pinesdale LLC, a fully-owned subsidiary of the Gunvor Group, Ltd., one of the world’s leading commodity traders, purchased a one-third interest in the Signal Peak Energy venture for $400 million. This transaction put the enterprise value of the operations at $1.5 billion inclusive of debt.
Today, 99% of Signal Peak Energy’s production is sold in international markets through an affiliated company. Signal Peak has become one of the largest underground coal mines in the world, moving coal internationally to Asia and South America.
Family Investment Office
Boich Companies currently has a significant real estate portfolio with assets throughout the U.S., including multi-family, hotels, commercial and developments. We also invest in a wide range of businesses from emerging energy services, specialty financing services, telecommunications and culinary services.
Our success in the coal industry created our legacy. Today, we’re equipped with the financial strength to invest in a variety of companies and transaction sizes to add to our portfolio. We’re always looking for new opportunities, and we’re committed to structuring strong business relationships that generate sustainable growth.
Boich Companies is headquartered in Columbus, Ohio, with offices in West Virginia and Florida.
Company Details | |
---|---|
Company Name | Boich Companies |
Business Category | Coal |
Address | Suite 3750 South Columbus Florida United States ZIP: 43215 |
President | Matthew T. Evans |
Year Established | 1963 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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