# H.I.G. Capital acquires Elekeiroz from Itaúsa for R$160M

H.I.G. Capital acquired Brazilian chemical company Elekeiroz from Itaúsa for an enterprise value of R$160 million. Elekeiroz produces oxo-alcohols, plasticizers, and anhydrides at two sites in Brazil.

- Type: Acquisition
- Announced: 2018-06-19
- Where: Várzea Paulista and Camaçari, Brazil, Brazil
- Value: $42.0M (160.0M BRL)
- Status: announced
- Products: oxo-alcohols, plasticizers, anhydrides, sulfuric acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [H.I.G. Capital](https://endata.com/companies/2117.md) (acquirer)
- [Elekeiroz](https://endata.com/companies/32660.md) (target)
- [Itaúsa](https://endata.com/companies/32661.md) (partner)

## Sources

- [financialpost.com](https://financialpost.com/press-releases/business-wire/valence-advises-itausa-on-sale-of-brazilian-chemical-co-elekeiroz-to-h-i-g-capital/), 2018-06-19: "The Valence Group acted as advisor to Itaúsa on its sale of Brazilian chemical company Elekeiroz for R$160 million (EV)."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.