Oaktree Capital completed the acquisition of Aqseptence Group from Zhongzhi Enterprise Group.

Oaktree Capital, an asset management firm, completed the acquisition of Aqseptence Group, a supplier of specialized products, equipment and system solutions for water treatment and liquid/solid separation from Zhongzhi Enterprise Group, hinese asset management corporation. Financial terms were not disclosed. "We are very pleased to welcome Oaktree as the new majority shareholder in the Aqseptence Group. This is an exciting moment for Aqseptence Group and our employees. The Oaktree team, with its industry expertise and track record in investing and growing businesses in our sector, will enable us to further develop a variety of new markets and new customer relationships as well as explore strategic acquisitions, putting Aqseptence on a strong path to accelerate our strategy and drive continuous, sustainable growth and long-term success." Baldassare La Gaetana, Aqseptence CEO.