Archive for July, 2020

With an Eye on Growth, Techmer PM Partners with SK Capital

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New strategic investment from SK Capital to help Techmer better serve its customers globally

CLINTON, TENN., July 21, 2020 –– Techmer PM, LLC, a leading designer and producer of engineered compounds and color and additive concentrates for the plastics and fiber industries, announced today its strategic partnership with an affiliate of New York-based private investment firm SK Capital Partners.

SK Capital, which manages a growing portfolio of companies focused on the specialty materials, chemicals, and pharmaceuticals sectors, is acquiring a majority interest in the Clinton, Tenn.-based firm and will recapitalize Techmer in partnership with its chairman and CEO, John Manuck, who will continue to retain a significant ownership stake in the company. Terms of the deal were not announced.

Privately held since being founded by Manuck in 1981, Techmer PM is a leading developer and manufacturer of custom color and additive masterbatch solutions and specializes in modifying the appearance and properties of base polymers. It serves customers across a diverse set of global markets, including agriculture, automotive, aerospace, building and construction, consumer products, medical, material handling, nonwovens, rigid packaging, and textile markets, as well as many OEMs.


Techmer PM Full Press Release

Chairman and CEO Partnership Update Video