SK Capital Acquires Baker Hughes Specialty Polymers Business (NuCera Solutions)
July 27, 2020
Funds advised by SK Capital Partners agreed to acquire the specialty polymers business from Baker Hughes and completed the carveout in October 2020, rebranding the business as NuCera Solutions. SK Capital said it will operate the business as an independent specialty polymers manufacturer with a focus on product innovation and operational improvement, with manufacturing operations in Barnsdall, Oklahoma.
- Buyers
- SK Capital Partners, LP
- Targets
- Specialty Polymers business of Baker Hughes (NuCera Solutions)
- Sellers
- Baker Hughes
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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