Money Makers Mentor

SK Capital adds Specialty Polymers Business to Portfolio

SK Capital Partners, LP, today announced it has signed an agreement to acquire the specialty polymers business from Baker Hughes. Subsequently, the companies expect the transaction to close in the second half of 2020.

Morgan, Lewis & Bockius LLP acted as legal counsel to SK Capital. Committed debt financing was provided by KeyBanc Capital Markets.  Evercore acted as financial advisor. King & Spalding LLP also served as legal counsel to Baker Hughes.

Mario Toukan, Managing Director for SK Capital, stated, “The specialty polymers business is a pioneer in the development of specialized polymerization technologies.  We see tremendous opportunity for growth by further developing functional, solutions-oriented products that solve problems and create significant value for cust…

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