HIG-Backed Pigment Maker DCL Files for Chapter 11 Bankruptcy

December 20, 2022, 5:21 PM UTC

DCL Holdings (USA) Inc. and affiliates, a pigment maker backed by HIG Capital, filed for Chapter 11 bankruptcy in Delaware on Tuesday.

  • DCL listed assets and liabilities of at least $100 million each in its bankruptcy petition
  • The company “is a global leader in the supply of color pigments and dispersions for the coatings, plastics and ink industries,” according to its website
  • The case is DCL Holdings (USA) Inc., 22-11319, U.S. Bankruptcy Court for the District of Delaware

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