Elekeiroz S.A. (BOVESPA:ELEK4) agreed to acquire 50% stake in Nexoleum Bioderivados Ltda. on February 23, 2016. The investment in the stake purchase and subsequent expansion of the joint venture's production capacity will be approximately BRL 15 million. Elekeiroz S.A. (BOVESPA:ELEK4) completed the acquisition of 50% stake in Nexoleum Bioderivados Ltda. on May 5, 2016.