# 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.

- Type: Acquisition
- Announced: 2020-10-01
- Where: Barnsdall, Oklahoma, United States
- Status: completed
- Products: specialty low molecular weight olefin polymers, functional polymers, polyethylene waxes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Baker Hughes](https://endata.com/companies/1895.md) (target)
- [SK Capital Partners](https://endata.com/companies/7815.md) (acquirer)
- [NuCera Solutions](https://endata.com/companies/50306.md) (target)

## Sources

- [skcapitalpartners.com](https://skcapitalpartners.com/sk-capital-closes-acquisition-of-specialty-polymers-business-from-baker-hughes-rebranding-the-business-nucera-solutions-announces-leadership-team/), 2020-10-01: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.