Oaktree Capital completed the acquisition of Superior Industries International for $559.3m.

Oaktree Capital, an investment manager specializing in alternative investments, completed the acquisition of Superior Industries International, an aluminum wheel suppliers for $559.3m. “We are pleased to see Superior back on solid footing and are excited about Michael’s vision for the future of the Company. We are reestablishing a customer-first mentality and are refocusing on what Superior does best – building high-quality, cost-competitive wheels. We want to thank all the dedicated employees of Superior who made this transaction possible," Robert LaRoche, Oaktree Capital Management Managing Director.