OQ Chemicals, following its acquisition by funds managed by Strategic Value Partners and Blantyre Capital, has rebranded as Oxea effective May 19, 2025. The company also launched dedicated heptanoic acid production at its Oberhausen, Germany facility and now supplies high-purity propionaldehyde at its Bay City, US site.
Funds managed by Strategic Value Partners and Blantyre Capital acquired OQ Chemicals, a global manufacturer of Oxo chemicals, from OQ. The transaction closed on April 8, 2025, and the company will be rebranded to OXEA.
Funds managed by Strategic Value Partners and Blantyre Capital have acquired OQ Chemicals, a global producer of oxo chemicals. The company will be renamed OXEA. The acquisition includes production sites in Germany and Texas.