MILWAUKEE - Aakash Chemicals and Dye-Stuffs Inc. (Aakash Chemicals) announced that CenterOak Partners LLC, a Dallas-based private equity firm, has completed a majority investment in Aakash Chemicals. Aakash Shah, the current CEO of Aakash Chemicals, has retained his ownership position in the business and will continue to serve as its CEO.
Based in Glendale Heights, Illinois, near Chicago, Aakash Chemicals is a leading supplier of pigments, dyes, liquid colorants, specialty resins and related chemical additives to the plastics, coatings, inks, agriculture and textile industries.