Kofi Ababio & Sons Limited
Kofi Ababio & Sons Limited
KAS Limited is a logistics and a chemical manufacturing and distribution company.
Kofi Ababio & Sons Limited (KAS) is a professionally managed private limited liability company. It started in 1954 under the Gold Coast ordinance as a general merchant.
Kofi Ababio and Sons Limited was incorporated in 1969 under the Companies code 1963(Act 179)
The Registered Business of KAS Limited is General Merchandising including the sale of fire arms and the distribution of water treatment chemicals.
The Registered Shareholders are:
Anthony K Ababio
Peter Ababio
Jonathan K. Asare Ababio
The company started with the importation and exportation of a wide range of products.
In 1970 manufacturing started with the production of aerosol insecticide (ABATOX). But production was short lived because the Ghana Standard Board issued a disclaimer authorizing a ban on the use of the active ingredient DDVP in the manufacture of ABATOX. This resulted in the close down in the manufacturing section of the plant even though equipment and materials used in the manufacturing process remained intact.
In 1978 production started in water treatment and industrial chemicals. Consequently in 1978 the current MD and CEO of KAS joined father from abroad to add value to the already existing plant, which was in a state of dormancy.
The import of industrial chemicals in 1980 helped to subsidize the quantity imported by mining companies.
In the early 1990’s there was recession on the world gold market and this resulted in the exploitation of other sectors of the manufacturing industry where public demands for products were high.
This led to the beginning of the manufacture of household chemicals on a small scale in Kumasi getting to the latter part of 1990.
In 1993 the Austrian government organized a trade delegation on a visit to Ghana, comprising 120 local companies.
Companies from Austria dealing in paper and the steel industry were present for the seminar. Interaction resulted in the identification of the manufacture of household chemical products as lucrative because of the market demand.
After the seminar the company (KAS) was invited to Austria in 1995. The invitation came from Henkel-Austria, producers of 80 different products including soaps and household chemicals.
An agreement was signed between Henkel and KAS; Henkel promised to sought the Austrian government for support to start production of household chemicals in Ghana.
The agreement between Henkel and KAS was the provision of infrastructure by KAS whilst Henkel provided raw material and equipment. A grant was arranged in 1997 to enable the purchase of equipment and concentrates to start the liquid production. Preparation of a temporal time frame of 36 months was given to spread the payment of the money. Actual construction of the site started in 1998 and became habitable in 2001 when authorities from Henkel revisited the manufacturing premises to do installations of equipment and the final finishing of the premises which was completed in 6 weeks. Production then started on trial basis in 2001. To date not ruling out the initial difficulties, the company is on track producing various household detergents for the Ghana market and various institutions.
The Chemical trading business which also seen to be having difficulties in the initial stages is currently growing with the proliferation of mining companies in the country and is now the cash cow of KAS Limited.
In 2003 KAS Limited further diversified its activities seeing the opportunity in the Real Estate Business and now added to its Business Portfolio KAS Valley Estates situated at Oyibi. KAS Valley Estates has built over 100 units of the following:
• Four Bedrooms, Boys Quarters 2 Garages
• Three Bedroom-detached and Semi-detached
• Semi detached flats for the Middle Class of the Ghanaian Public.
Other Business Units of KAS Limited are a Block Making Factory and a Farm at Bogoso, a Filling Station and a restaurant at Oyibi.
REAL ESTATE
Mission-“Providing housing schemes for middle income earners”
Vision-To provide a first class affordable and state of the art housing that meets the taste and pride of our consumers
Contact Details
Name: Kofi Ababio & Sons Limited
Contacts: 0302522079
Region: Accra, Ghana
Location: Ammonakwa Rd. Arena, Accra
Ghana Post GPS:
Email:
Website: http://www.kababio.com.gh/
Reviews
providing a first class affordable and state of the art housing that meets the taste and pride of our consumers.