Strategic Value Partners and Blantyre Capital Acquire OQ Chemicals
- Editor
- 6 days ago
- 1 min read
Whats Happening:
Strategic Value Partners (SVP) and Blantyre Capital have acquired OQ Chemicals, a leading global producer of oxo chemicals. As part of the acquisition, the company will revert to its former name, OXEA. The company produces essential ingredients for various industries and has a strong global presence with over 1,200 employees and production sites in Germany and Texas.
Key Moves:
SVP and Blantyre Capital acquire OQ Chemicals
OQ Chemicals to revert to its former name, OXEA
OXEA has over 1,200 employees and production sites in Germany and Texas
By The Numbers:
SVP manages approximately $22 billion in assets
Blantyre has more than €2.7 billion of long-term capital commitments
OXEA markets its chemicals in over 60 countries
Key Quotes:
"OXEA's leading market positions, global reach, and innovation capabilities provide a solid foundation for long-term growth," said HJ Woltery, Co-Head of the European Investment Team at SVP.
"We are pleased to partner with OXEA, a market leader with strong production capabilities," said Mubashir Mukadam, Chief Investment Officer at Blantyre Capital.
Bottom Line:
The acquisition of OQ Chemicals (now OXEA) by SVP and Blantyre Capital represents a significant move in the global chemicals industry. With its strong market position and global presence, OXEA is well-positioned for growth under new ownership. This deal highlights the continued interest of private equity firms in the chemicals sector.
Comments