Kirkland Advises SVP and Blantyre Capital on Acquisition of OQ Chemicals, Rebranded as OXEA.
Kirkland & Ellis LLP has advised Strategic Value Partners (SVP) and Blantyre Capital on their successful acquisition of OQ Chemicals, a global name in the oxo chemicals industry.
With the deal now closed, the company is returning to its original name, OXEA, a move that reflects its deep-rooted heritage and long-standing reputation in the global chemicals market.
SVP is an international investment firm overseeing around $22 billion in assets. Blantyre, based in London, manages over €2.7 billion in committed capital.
The firms worked together through their managed funds to complete the purchase of the company, which will now operate under the OXEA name moving forward.
OXEA is known for producing a wide range of chemicals that serve as key ingredients in everything from paints and coatings to plastics, lubricants, and pharmaceuticals. Its products are used every day across industries like construction, automotive, and electronics.
With headquarters in both Germany and Texas, and a global workforce of more than 1,200 employees, OXEA supplies customers in over 60 countries.
HJ Woltery, Co-Head of the European Investment Team at SVP, shared his enthusiasm about the acquisition:
"OXEA's leading market positions, global reach, and innovation capabilities provide a solid foundation for long-term growth, 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."
Blantyre’s Chief Investment Officer, Mubashir Mukadam, echoed those sentiments:
“We are pleased to partner with OXEA, a market leader with strong production capabilities, 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."
Strategic Value Partners (SVP) is a global investment firm founded in 2001, managing approximately $21 billion in assets. Specializing in opportunistic credit and private equity, SVP focuses on complex, value-driven investments across North America and Europe. Headquartered in Greenwich, Connecticut, with offices worldwide, SVP has invested over $48 billion since inception.
Blantyre Capital is a London-based investment firm focused on special situations in the European middle market. Founded in 2016, the firm manages over €2.7 billion in committed capital and has completed more than 70 investments across 20+ countries. Blantyre partners with institutional investors to deliver strong, risk-adjusted returns through tailored capital solutions, guided by a core commitment to integrity, transparency, and disciplined value creation.
Kirkland & Ellis LLP is a leading global law firm with over 4,000 attorneys across 21 offices. Founded in 1909, the firm specializes in private equity, M&A, fund formation, restructuring, litigation, and IP. Known for its client-first approach and entrepreneurial culture, Kirkland is the first law firm to exceed $7 billion in annual revenue and is widely recognized for its leadership in high-stakes legal matters.
