# Oaktree Capital Management acquires majority stake in Aqseptence Group

Zhongzhi Enterprise Group sold its majority stake in Aqseptence Group, a German water treatment solutions provider, to Oaktree Capital Management. The sale was announced on November 17, 2023.

- Type: Acquisition
- Announced: 2023-11-17
- Where: Germany
- Status: announced
- Products: water treatment and liquid-solid separation solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Oaktree Capital Management](https://endata.com/companies/2339.md) (acquirer)
- [Aqseptence Group](https://endata.com/companies/24560.md) (target)
- [Zhongzhi Enterprise Group](https://endata.com/companies/73789.md) (partner)

## Sources

- [mainsights.io](https://www.mainsights.io/ma-news/peking-based-zhongzhi-enterprise-group-zeg-sells-majority-stake-in-german-aqseptence-group-to-oaktree-capital-management), 2023-11-17: "The investment and expertise from Oaktree will provide the necessary resources for Aqseptence Group to continue growing and developing innovations."
- [iclg.com](https://iclg.com/news/19761-debevoise-and-plimpton-guides-zhongzhi-enterprise-group-in-sale-of-majority-stake-in-aqseptence-group/), 2023-11-22: "Asset manager Oaktree Capital Management will acquire ZEG's controlling stake in the company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.