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HIG Capital – Acquisition of Elekeiroz

Global private equity firm, HIG Capital, has agreed to buy Elekerioz from Itaúsa. HIG will acquire 96.5% of the Elekerioz shares. Founded in 1894, Elekeiroz is the sole producer of oxo-alcohols in Latin America and the largest producer of plasticizers in Brazil. Listed on the Sao Paulo stock exchange, Elekeiroz generated sales of over BRL$975m last year.