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Oct 1, 2020ACQUISITIONBarnsdall, Oklahoma, United States

SK Capital closes acquisition of Baker Hughes specialty polymers business, rebrands as NuCera Solutions

An affiliate of SK Capital Partners completed the acquisition of the specialty polymers business of Baker Hughes. The business has been renamed NuCera Solutions and will continue manufacturing at Barnsdall, Oklahoma. Steve McKeown was appointed CEO and Shawn Ham as CFO.

Status

Completed

Productsspecialty low molecular weight olefin polymersfunctional polymerspolyethylene waxes

CompaniesBaker Hughes target SK Capital Partners acquirer NuCera Solutions target

Sectors#Specialty Chemicals #Plastics and Polymers

“We believe NuCera's leading specialized polymerization technologies combined with a strong existing base of talent and new leadership team will transform the Company into an independent leader of global polymer solutions.”skcapitalpartners.com

1 source
skcapitalpartners.comSK Capital Closes Acquisition of Specialty Polymers Business from Baker Hughes, Rebranding the Business NuCera Solutions; Announces Leadership Team | SK CapitalMaggie PlotnerOct 1, 2020

Summarized from public sources; check the original articles before acting on it.

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