Despite its size, Ethiopia still has an underdeveloped cosmetics industry. Basic cosmetic and toiletry products such as shampoos, tooth paste and decorative cosmetics are not produced locally and are often supplied through illegal imports. Some of the smuggled products are product rejects and have not been tested as to their safety for human use.
Taking this into consideration, Berchaco which is a front runner in the cosmetics line, decided to form a joint venture with a Dutch company De Streep Finance B.V. Cosmar which is a private label and contract manufacturer of quality cosmetic products in Indonesia, under its holding company in the Netherlands. The purpose of this joint venture company named as Cosmar East Africa, is to introduce quality decorative and skin care cosmetics to both local and foreign markets at affordable prices, through its own brands and also by manufacturing for third parties, including international brands. It has commissioned an internationally GMP and ISO certified manufacturing plant in Addis Ababa.
In Feb 2016 the company were restructure and accept new share holders in 60:40 Share Base and the majour share holders are Chemi & Cotex Ethiopia limited, East African Holding S.c, . The majority of share taken by chemi & cotex Ethiopia Limited . Chemi & Cotex Ethiopian Limited is a company incorporated under the law of British Virgin Islands and having its registration office at Trident Chambers, Road Town, Toraola, and British Virgin Islands. . The factory has opened job opportunity for More than 150 regular and more than 28 contracts Employees.
The Cosmar East Africa products include:
1. Decorative Cosmetics: pressed powder, loose powder, Lipstick, Lip gloss, Mascara, liquid eye liner, foundation
2. Skin Care: day cream, night cream, ace gel, facial foam, fairness cream, protective moisturizing cream, anti-wrinkle cream
3. Personal Care: Deodorant roll on, body foam, shampoo, body lotion, feminine wash, lip balm
Newly Launched Product
Body Line (100% pure glycerine)
This company will have a significant positive contribution in the Ethiopian cosmetics industry in terms of import substitution and availability of health-related products as toothpaste, body creams and shampoos of certified quality for both low and middle income groups of the society.
Contact Details+251-11-6-450688........................Commercial Office
|The Chairman of East African Holding Group of Companies, Ato Buzuayehu Tadele Bizenu, was awarded the Honorary Doctorate Degree 2016 by Lincoln University, Oakland, California, USA, on the 29th January, 2017 at a colorful ceremony held at the United Nations Economic Commission for Africa congress hall in Addis Ababa, Ethiopia. The EAHSC group is one of the largest industrial conglomerates in Ethiopia engaged in various manufacturing and agricultural activities.|
|National Ready Mix Construction PLC, (NPC) is established to engage in the manufacture of Ready Mix Concrete to supply for the different Construction Projects, Real Estate Developers and other Public or Private customers within Addis Ababa areas. This year shall be the official year of its emerging into this Ready Mix Concrete business, but with a determination and high spirit of evolving into one of the major players within the next 2 to 3 years. Being an arms-length business affiliate of East African Holdings, it has its inherent advantage due to the presence of National Cement Share Company and so with the Target Industries Aggregate Plant. NPC is a greenfield project and was successfully commissioned last 10th August of 2016 by Turkish expert, as the full sets of machineries are supplied by Turkish company, Semix. It has the nominal Production Capacity of 105 cubic meters per hour of concrete, which is processed thru a highly Automated System using PLC, Programmable Logic Control....|
|Tiger Brands has signed an agreement with the East African Group plc to create a new food, household, personal care and cosmetics joint venture which will operate in the Ethiopian market. The shareholding in the new company will be 51% by Tiger Brands and the balance of 49% by East African Group (Eth) Plc and its associate companies.. "Ethiopia, which has a population of approximately 85 million, has experienced high GDP growth rates for a number of years," Tiger Brands said in a statement this week. "Most categories in the packaged consumer goods sector are enjoying good growth, stimulated by the fast growing economy." The principal activities of the joint venture will comprise the manufacture and marketing of various home and personal care products, biscuits, flour and pasta, which categories currently form part of the East African Group's existing operations. The East African Group is the largest manufacturer of detergents in Ethiopia, and this business will also form part...|
|Ethiopia’s largest Edible Oil Factory Hameressa Edible Oil Share Company located in Harar Region, has been Sold to Ethio-Asian Industries PLC by the Privatization & Public Enterprises Supervising Agency (PPEPSA). Hameressa was handed over by PPESA’s Director General Beyene G/Meskel to Ethio Asian Industries PLC on Wednesday October 29, 2014. Hameressa which was founded in 1998 produces and markets refined edible oil products from different seeds such as groundnuts, sesame, and cotton seeds.|
|East African Agri-Business P.L.C. has ventured into the Coffee business with its well-known Black Lion trademark. Introducing Black Lion Coffee which is handpicked, roasted and ground with utmost care. With its Fresh, mellow and bold body, it captures the distinctive Ethiopian aftertaste in every cup brewed. Our Black Lion Coffee comes in 250gm, 500gm, and 1KG packages in both freshly roasted beans and ground coffee to cater the needs of our clients.|