EX-21.1 3 vhl-20231231xex21d1.htm EX-21.1

EXHIBIT 21.1

SUBSIDIARIES OF THE REGISTRANT

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​ | ​ | ​ | ​ | ​ | ​ | ​
Name of Corporation |  | Jurisdiction of Incorporation or Organization |  | % of Voting Securities Held at December 31, 2023 (1) |
--- | --- | --- | --- | --- | ---
ASC Holdings, Inc. | ​ | Utah | ​ | ​ | 100 | %
​ Kronos Worldwide, Inc. (2) | ​ | Delaware | ​ | ​ | 50 | %
​ NL Industries, Inc. (2), (3), (4) | ​ | New Jersey | ​ | ​ | 83 | %
CompX International Inc. (4) | ​ | Delaware | ​ | ​ | 87 | %
​ Tremont LLC | ​ | Delaware | ​ | ​ | 100 | %
TRECO LLC | ​ | Nevada | ​ | ​ | 100 | %
Basic Management, Inc. | ​ | Nevada | ​ | ​ | 63 | %
Basic Water Company (5) | ​ | Nevada | ​ | ​ | 100 | %
Basic Water Company SPE LLC (5) | ​ | Nevada | ​ | ​ | 100 | %
Basic Environmental Company LLC | ​ | Nevada | ​ | ​ | 100 | %
Basic Remediation Company LLC | ​ | Nevada | ​ | ​ | 100 | %
Basic Land Company | ​ | Nevada | ​ | ​ | 100 | %
The LandWell Company LP (6) | ​ | Delaware | ​ | ​ | 50 | %
Henderson Interchange Sign LLC | ​ | Nevada | ​ | ​ | 100 | %
TRE Management Company | ​ | Delaware | ​ | ​ | 100 | %
Tall Pines Insurance Company | ​ | Vermont | ​ | ​ | 100 | %
​ Medite Corporation | ​ | Delaware | ​ | ​ | 100 | %

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| (1) | Held by the Registrant or the indicated subsidiary of the Registrant.

| (2) | Subsidiaries of Kronos are incorporated by reference to Exhibit 21.1 of Kronos’ Annual Report on Form 10-K for the year ended December 31, 2023 (File No. 333-100047). NL owns an additional 31% of Kronos directly.

| (3) | Subsidiaries of NL are incorporated by reference to Exhibit 21.1 of NL’s Annual Report on Form 10-K for the year ended December 31, 2023 (File No. 1-640).

| (4) | Subsidiaries of CompX are incorporated by reference to Exhibit 21.1 of CompX’s Annual Report on Form 10-K for the year ended December 31, 2023 (File No. 1-13905).

| (5) | Basic Water Company and its subsidiaries voluntarily filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Nevada on September 10, 2022. On November 8, 2023, the court entered an order approving BWC’s plan of reorganization. See Note 3 to the Registrant’s Consolidated Financial Statements included in its Annual Report in the Form 10-K for the year ended December 31, 2023.

| (6) | TRECO LLC owns an additional 27% of The LandWell Company LP directly.