#USA #London #SVP #OQ Chemicals #Blantyre Capital

Strategic Value Partners and Blantyre Capital Acquire OQ Chemicals

On April 9, 2025, Strategic Value Partners, LLC (SVP) and Blantyre Capital Limited jointly announced a pivotal acquisition of OQ Chemicals, a prominent manufacturer in the sector of oxo chemicals. This acquisition not only marks a significant milestone for both investment firms but also revives the historical brand name 'OXEA' for the company, reaffirming its longstanding legacy in the global chemicals industry.

With SVP managing around $22 billion in assets and Blantyre Capital holding over €2.7 billion in long-term investments, the partnership signals a robust commitment to the growth and innovation of OXEA, a well-respected name in the production of essential chemical components. OXEA specializes in the manufacturing of oxo intermediates and high-performance chemicals, supplying critical ingredients necessary for various sectors including specialty chemicals and additives crucial to paints, plastics, and pharmaceuticals.

OQ Chemicals has been recognized for its extensive portfolio of products, which includes high-quality alcohols, plasticizers, and specialty esters, among others. The company serves diverse markets, shipping its products to over 60 countries, with its primary production capabilities anchored in strategically located sites in Germany and Texas.

This transaction is expected to nurture OXEA's existing capabilities while paving the way for future growth as demand rises across industries such as construction, automotive, and electronics. HJ Woltery, Co-Head of the European Investment Team at SVP, remarked on the strategic assets OXEA brings to the table. He stated, “OXEA's leading market position, coupled with its innovative abilities, positions us well for sustainable development.”

Blantyre's Chief Investment Officer, Mubashir Mukadam, echoed these sentiments, emphasizing the valuable expertise possessed by OXEA in the oxo chemicals market. “We are confident in our ability to leverage OXEA's operational strengths to explore new avenues for expansion,” Mukadam said, highlighting the exciting opportunities that lie ahead.

The financial advisory roles in this major acquisition were undertaken by notable firms including Kirkland & Ellis, Akin, and Lazard, solidifying the strategic execution of this significant investment.

About OXEA

OXEA stands as a prominent global manufacturer of Oxo Intermediates and Performance Chemicals vital to a myriad of applications including lubricants, cosmetic products, and high-quality coatings. With over 1,200 employees across the globe, OXEA thrives on its ability to meet the diverse needs of its clientele, ensuring their operations yield top-tier products.

About Strategic Value Partners

Founded in 2001 by Victor Khosla, SVP specializes in managing special situations and opportunistic investments, combining sophisticated financial strategies with operational insight to maximize value in various global investments. With over 200 employees, SVP remains at the forefront of alternative investments.

About Blantyre Capital

Blantyre Capital is a London-based investment manager focused on providing capital solutions for middle-market equity and debt situations. The firm is committed to transforming businesses and aiding their growth through dynamic financial solutions, with a robust commitment to delivering results for its investors and partners.

This acquisition represents not just a shift in ownership but a commencement of a transformative phase for OXEA as it embarks on a strategic journey under the stewardship of SVP and Blantyre Capital.