Teknor Apex: Acquisition of Lanier Color Company
Teknor Apex has announced the acquisition of Lanier Color Company, a supplier of color concentrates and specialty compounds for the thermoplastics industry with a focus in the building and construction market.
“We are thrilled to add this business into our Teknor Color portfolio,” said Suresh Swaminathan, President of Teknor Apex. “Lanier Color Company’s focus on superior quality and customer centricity directly aligns with our approach. This acquisition comes on the heels of the acquisition of Dorum Color this past August and will help us further accelerate our strategic objectives while giving our customers access to a greater level of diversified products and solutions. Also, the combined strength of the two organizations will bring more capability and capacity in product innovation leading to an enhanced customer experience.”
Lanier will continue to operate in its current location of Gainesville, GA and will work in coordination with Teknor Color’s current manufacturing locations in Kentucky and Texas. Teknor Color is a subsidiary of Teknor Apex.