Lorama Acquires Monteith and Waterfoot from DCL Corporation, Expanding Global Reach

Lorama Group Inc., a leading supplier of colorant dispersions and bio-based additives, has acquired the colorant dispersion business of DCL Corporation. The acquisition includes DCL’s manufacturing facilities in Ontario, Canada (Monteith) and Waterfoot, UK.

This strategic acquisition is part of Lorama’s continued growth strategy and solidifies its position as a global leader in providing innovative color solutions to the paints and coatings industry.

Monteith is known for its specialty industrial coatings and dispersions, with decades of industry experience and a strong customer base. Waterfoot is a leading innovator in in-plant and specialty coatings color solutions, further enhancing Lorama’s ability to provide high-quality, customized products to customers around the world. These acquisitions will help propel Lorama’s continued leadership in global coatings.

“We are excited to welcome Monteith and Waterfoot to the Lorama family,” said Andrew Burnett, CEO of Lorama. "These acquisitions are a natural extension of our growth strategy and will enable us to provide our customers with more advanced and sustainable solutions. The combined expertise of these companies strengthens our global leadership in the paints and coatings industry, and we look forward to leveraging our expanded portfolio to better serve customers around the world."

Lorama's expanded portfolio will provide significant advantages to its customers, including a broader product range, access to a wider range of high-quality pigment dispersions, specialty chemicals and coating solutions. The combined technical capabilities of Lorama, Monteith and Waterfoot will foster innovation and promote the development of new cutting-edge products. The acquisition strengthens Lorama's presence in key markets, allowing the company to better serve its existing customer base and expand into new regions.

Lorama is committed to ensuring a smooth integration of Monteith and Waterfoot employees, with a focus on continuity and support during the transition. Lorama will also continue to provide a high level of customer service and technical support throughout the integration process.

"We are committed to ensuring a seamless transition for new employees and new customers, and we will continue to provide the exceptional service and high-quality solutions that Lorama is known for," added Burnett.