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Oxea is one of the largest global manufacturers of oxo chemicals
October 11, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Advent International has sold Oxea, one of the largest global manufacturers of oxo chemicals to the Oman Oil Company (OOC), a commercial company wholly owned by the Government of the Sultanate of Oman. The acquisition is subject to antitrust approvals and satisfaction of other conditions. The purchase price was not disclosed. With the acquisition of Oxea, OOC aims to become a vertically integrated global chemical leader in the downstream industry. With 1.3 million tons of Oxo chemicals and...
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