As part of the acquisition, OQ Chemicals will reinstate its name to Oxea, reaffirming its heritage and longstanding presence in the global chemicals industry.

Oxea is a leading manufacturer of oxo intermediates and performance chemicals, providing essential ingredients to specialty chemicals and additive manufacturers in key US and European markets. The company produces high-quality alcohols, polyols, plasticizers, carboxylic acids, specialty esters, and amines, crucial for paints, coatings, plastics, lubricants, pharmaceuticals, and other sectors. Oxea supports global supply chains and long-term demand in high-growth industries like construction, automotive, and electronics. Oxea markets its chemicals in more than 60 countries, with primary production sites in Germany and Texas, ensuring a strong global presence.

“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 look forward to partnering with the Oxea team to build upon this strong foundation and continue delivering exceptional value to its customers and stakeholders across well-diversified markets.”

“We are pleased to partner with Oxea, a market leader with strong production capabilities,” said Mubashir Mukadam, Chief Investment Officer at Blantyre Capital. “Oxea’s significant expertise in oxo chemicals, combined with its global footprint, presents ample opportunities for growth. We look forward to supporting the Company as it continues to expand its product offerings and enhance its strategic position in the industry.”

SVP and Blantyre were advised on the transaction by Kirkland & Ellis, Akin, and Lazard.