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HIG sells Brazilian chemicals co

An affiliate of alternative investment firm HIG Capital has sold Elekeiroz, a specialist in the oxo-alcohols, plasticizers, phthalic & maleic anhydrides and sulfuric acid markets in Brazil, to Latin American speciality chemicals company Oswaldo Cruz Química.

An affiliate of alternative investment firm HIG Capital (HIG) has sold Elekeiroz, a specialist in the oxo-alcohols, plasticizers, phthalic & maleic anhydrides and sulfuric acid markets in Brazil, to Latin American speciality chemicals company Oswaldo Cruz Química.

Following its investment in 2018, HIG says it worked with Elekeiroz’s management to expand production capacity, optimise the Company’s SG&A structure, and develop and execute a strategic five-year plan and forward looking ESG roadmap.

According to its website, Elekeiroz has a diversified client base, including many of the largest global chemical companies, with its products serving a range of industrial and consumer markets.
 

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