SK Capital Partners Secures Majority Stake in Techmer PM, Expanding Specialty Materials Portfolio
New York‑based SK Capital Partners has announced a strategic partnership with Techmer PM, acquiring a majority stake in the company. Techmer, founded in 1981 by Chairman and CEO John Manuck, remains a leading designer and producer of engineered compounds and color and additive concentrates for the plastics and fiber sectors. SK Capital will recapitalize Techmer in collaboration with Manuck, who will retain a substantial ownership share.
SK Capital’s growing portfolio focuses on specialty materials, chemicals, and pharmaceuticals. Notable holdings include Geon Performance Materials (formerly part of PolyOne), Ascend Performance Materials—an integrated supplier of nylon 66—and SI Group, which encompasses Naugard antioxidants (formerly Uniroyal/Chemtura), Ethanox antioxidants (formerly Ethyl/Addivant), and the well‑known Weston, Ultranox, and Lowinox lines for polyolefins and other engineering thermoplastics.
“John and his team have built a highly respected platform known for innovation, customer service, and quality,” said SK Capital Managing Director Mario Toukan. “We look forward to partnering with Techmer PM to deepen customer relationships and expand the company’s capabilities worldwide.”
Techmer PM collaborates with leading brand owners and research institutions, including Oak Ridge National Laboratory and NASA. The company is at the forefront of developing advanced materials and reinforcements for high‑growth sectors such as composites and additive manufacturing. Techmer serves a global customer base spanning agriculture, automotive, aerospace, construction, consumer products, medical, material handling, nonwovens, rigid packaging, and textiles. With seven North American manufacturing plants and over 600 employees, Techmer opened its first international facility in Querétaro, Mexico, in late 2017.
Techmer CEO John Manuck explained, “Partnering with SK Capital allows us to meet the growing demands of brand owners and international clients. SK shares our core values and brings essential resources to help us expand globally while maintaining our relentless drive for innovation.”
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