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, ad cotton seeds.
“To become the leading industrial group in the region by being the front runner in all the sectors we operate in and position the enterprise competitively in the dynamic global business environment.”
"To supply products that are leaders in quality, cost and customer satisfaction, through the integration of people, technology and systems.”
East African Holding (EAH) has restructured and now includes 8 core businesses: National Cement SC, Bizenu Investments PLC, East African Agri-Business, East African Mining PLC, Cosmar East Africa Business PLC, Ethio-Asian Industries PLC, East African Real Estate PLC and Co-Owned Distribution outlets. We focus on these eight integral entities and their strategies moving forward will be imperative to sustaining EAH’s long-term financial health.