KPS Capital Partners to Acquire Lufkin Rod Lift Solutions from Baker Hughes

June 30, 2020

Industry-Leading Brand in Global Rod Lift Solutions to Become Independent Company New York, NY (May 1, 2020) — KPS Capital Partners, LP (“KPS”) announced today that it has signed a definitive agreement to acquire the Lufkin rod lift solutions business (“Lufkin” or the “Company”) from Baker Hughes (NYSE: BKR). Lufkin was founded in 1902 and acquired […]