Almost two years after merging, pigments suppliers Dominion Colour Corp. and Lansco Colors now are operating as DCL Corp.
Private equity firm HIG Capital merged the two firms in April 2018. The goal of the merger of Toronto-based Dominion and Lansco of Pearl River, N.Y., was "to create a global leader in the supply of color pigments and dispersions for the coatings, plastics, and ink industries," officials said in a March 6 news release.
They added that the new DCL name "combines letters that represent the legacy while at the same time starting a new chapter for the company."
"DCL Corp. is large enough to compete on a global stage by servicing multi-national customers while still being responsive to the needs of our small and medium-sized customers all over the world," CEO Chuck Herak said in the release.
Lansco was founded in 1926 as Landers-Segal Color Co. and served 600 customers, primarily in the United States. Dominions was founded in 1946 and had more than 400 customers in 70 countries.
At the time of the merger, Miami-based HIG was majority owner of both DCC and Lansco.