Lorama Group Inc., a leading provider of colour dispersions and bio-based additives, today announced that it has entered into a definitive agreement to acquire the colorant dispersions business of DCL Corporation. This acquisition includes DCL’s manufacturing facilities in Ontario, Canada (Monteith) and Waterfoot, United Kingdom.
This strategic acquisition is part of Lorama’s ongoing growth strategy and strengthens its position as a global leader in providing innovative color solutions to the paints and coatings industry.
Monteith is renowned for its specialized industrial coatings and dispersions, bringing decades of industry experience and a strong customer base. Waterfoot, a leading innovator in color solutions for in-plant and specialty coatings, further enhances Lorama’s capabilities in providing high-quality, tailored products to customers worldwide. Together, the acquisitions will help drive Lorama’s continued leadership in the global coatings sector.
The press release is attached.