# Grupo OCQ acquires petrochemical company Elekeiroz

Grupo OCQ, a Latin American chemical player, acquired petrochemical company Elekeiroz from HIG Capital. The deal nearly triples Grupo OCQ's production capacity and adds product lines including plasticizers and phthalic anhydride.

- Type: Acquisition
- Announced: 2023-06-01
- Where: Camaçari, Bahia; Várzea Paulista, São Paulo, Brazil
- Status: announced
- Products: plasticizers, phthalic anhydride, maleic anhydride, thermoset resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [HIG Capital](https://endata.com/companies/5477.md) (investor)
- [Elekeiroz](https://endata.com/companies/32660.md) (target)
- [Grupo OCQ](https://endata.com/companies/70606.md) (acquirer)

## Sources

- [grupoocq.com.br](https://grupoocq.com.br/o-grupo-ocq-compra-elekeiroz-e-dobra-de-tamanho/), 2023-06-01: "Estamos fazendo uma transação que transforma o Grupo em termos de tamanho, governança, relevância e reconhecimento."

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