Strategic Value Partners and its affiliates (together, “SVP”), a global alternative investment firm with approximately EUR 19 billion of assets under management, and Blantyre Capital (“Blantyre”), a London-based investment manager with more than EUR 2.7 billion of long-term capital commitments, announced that SVP-managed funds and Blantyre-managed funds have acquired OQ Chemicals, a global producer and merchant of oxo chemicals. 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 manufacturer of oxo intermediates and oxo performance chemicals, supplying essential ingredients to specialty chemicals and additive manufacturers across key U.S. and European markets. “Oxea’s significant expertise in oxo chemicals, combined with its global footprint, presents ample opportunities for growth. This change follows the acquisition of OQ Chemicals by Strategic Value Partners (SVP) and Blantyre Capital.