Announced

Completed

Oswaldo Cruz Quimica completed the acquisition of Elekeiroz from H.I.G. Capital.

Synopsis

Oswaldo Cruz Quimica, a specialty chemical company, completed the acquisition of Elekeiroz, a Brazilian chemical company, from H.I.G. Capital, a global alternative investment firm. Financial terms were not disclosed. “It has been a privilege to support Elekeiroz for the past five years. Alongside Elekeiroz’s management team, we were able to enhance the Company’s leading market position in Brazil, and execute several growth and cost-efficiency projects. We are confident that Elekeiroz is ready to enter into its next phase of growth, partnering with a significant player in the chemical market,” Fernando Marques Oliveira, H.I.G. Capital Managing Director.

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