Hogan Lovells has advised Advent International on the sale of Oxea, a global manufacturer of Oxo chemicals.
Oman Oil Company (OOC), a commercial company wholly owned by the government of the sultanate of Oman, has acquired Oxea to strengthen its position in the global chemicals sector. The transaction closed at the beginning of December. The purchase price was not disclosed.
Hogan Lovells acted as counsel for Advent International, led by partner Joachim Habetha, advising on all aspects of contract, antitrust and tax law.
The full team advising Advent included Habetha (private equity, Frankfurt) as lead partner, Amit Nayyar (partner, corporate/private equity, London), Alexander D Cobey (partner, Northern Virginia), Jens Uhlendorf (partner, Dusseldorf), Philip Cheng (partner, Shanghai), Jean-Michel Schmit (partner, Luxemburg, all corporate/M&A), Adrian Emch (partner, Bejing), Dr Christoph Wuenschmann (partner, Munich, both antitrust law), Imtiaz Shah (partner, corporate, Dubai), Michael Dettmeier (partner, tax, Dusseldorf), Robert Darwin (counsel, corporate, London), Jens Christian Boettcher (private equity, Frankfurt) and Laura Philipp (antitrust, Munich).