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Aakash Chemicals & Dye-Stuffs acquired Sandream Impact

Synopsis

Aakash Chemicals & Dye-Stuffs Inc, a supplier of colorants, additives and other specialty chemicals and CenterOak's portfolio company, acquired Sandream Impact LLC, a supplier of colorants, nutraceuticals, and cosmetic actives to the cosmetic and personal care industry. "The Sandream acquisition represents a transformational investment for our business. Sandream Impact furthers our strategy of product and end-market expansion, which we initiated last year through our acquisition of Calico Food Ingredients, a food-colorant supplier. We are excited to leverage our broader product offering and expertise to better serve our customers. We will continue to focus on growth through organic initiatives and acquisitions in 2019 and beyond." Aakash Shah, Aakash Chemicals CEO

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