Oaktree Capital to acquire Superior Industries International for $559.3m.

Oaktree Capital, an investment manager specializing in alternative investments, agreed to acquire Superior Industries International, an aluminum wheel suppliers for $559.3m. “This transaction represents a pivotal milestone for Superior. Our term loan investors are reaffirming their confidence in the business and stepping in to provide the necessary financial foundation to support our long-term success. With the broadest portfolio in the industry, a strategically advantaged footprint, and a newly minted best-in-class balance sheet, we are well positioned to capitalize on growth opportunities with both existing and new OEM customers. More than ever, we are seeing unprecedented levels of RFQs as customers seek to de-risk long supply chains and respond to evolving tariff dynamics,” Majdi Abulaban, Superior President and Chief Executive Officer.