Teknor Apex Acquires Lanier Color with Trudeau & Trudeau Advising
Trudeau & Trudeau is pleased to announce the acquisition of Lanier Color by Teknor Apex with the Trudeaus acting as the exclusive M&A advisor. The Rhode Island based global compounder, Teknor Apex, has acquired Lanier Color Company, located in Gainesville, GA, USA. Lanier Color Company is a leading supplier of color concentrates and specialty compounds for the thermoplastics industry with a focus in the building and construction market.
The addition of Lanier expands Teknor Apex’s portfolio to now include PVC color concentrates while adding to its specialty compounds offerings specific to the building and construction market. Also, the existing Lanier Color Company customer base will now have access to the broader portfolio of Teknor’s PVC compounds and state of the art product and application development capabilities. The company 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.
“Lanier Color Company has become a leading solutions provider in the color concentrate and compound market. Joining forces with Teknor Apex allows us to focus our combined resources on bringing effective and innovative solutions to the market while maintaining a high level of service to our customers,” said John Cothron, President of Lanier Color Company.
Teknor Color is a subsidiary of Teknor Apex Company and offers a full line of custom and standard colors, as well as additives and special effects for a wide spectrum of polymers, that include olefins, styrenics, PET and engineering plastics. Teknor Color prides itself on finding creative new color concepts and differentiated products in the marketplace, all while providing superior customer service.