Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Mergers & Acquisitions

H.I.G. acquires Brazil’s Elekeiroz

by Alexander H. Tullo
May 4, 2018 | A version of this story appeared in Volume 96, Issue 19

 

The private equity firm H.I.G. Capital has agreed to buy Elekeiroz, a Brazilian specialty chemical maker, from the conglomerate Itaúsa–Investimentos Itaú. Elekeiroz is the only Latin American producer of oxo alcohols and is the largest plasticizer maker in Brazil. The company, which generated about $300 million in sales last year, also makes organic acids and unsaturated polyester resins. H.I.G. already owns Vantage Specialty Chemicals and Ampac Fine Chemicals. Last year the private equity firm sold Cornerstone Chemical to Littlejohn & Co.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.