Naivas, majority-owned by Arnaud Lagesse’s IBL Group, opens its 112th branch in Nairobi
Naivas, backed by Arnaud Lagesse’s IBL Group, opens its 112th Nairobi store, expanding reach in fast-growing Mihango estate.
IBL Group
Naivas, controlled by Mauritian tycoon Arnaud Lagesse-led IBL, posts $19 million profit
Naivas, Kenya’s biggest retailer now led by Mauritius-based IBL Group, posted a 43% profit jump to $19 million in 2025 despite economic headwinds.
IBL Group, led by Arnaud Lagesse, completes $117 million AfrAsia Bank stake sale
Mauritian tycoon Arnaud Lagesse’s IBL Group sells a $117 million AfrAsia Bank stake to Access Holdings to rebalance investments.
Mauritian businessman Arnaud Lagesse’s IBL Group posts $87 million profit
The results reflect the continued strength of its international operations, which helped cushion the impact of rising costs in its home market.
IBL Group to offload stake in Mauritian bank to Access Holdings’ UK subsidiary
Mauritian conglomerate led by Arnaud Lagesse seeks to unlock value from early investment in regional bank.
Mauritian tycoon Arnaud Lagesse guides IBL to record $2.2-billion revenue in H1 2024
IBL Group sees record-breaking revenue of $2.2 billion under Mauritian businessman Arnaud Lagesse's leadership.
Mauritian tycoon Arnaud Lagesse’s IBL to invest $60 million in East African buyouts
The move signals IBL’s strategic commitment to the Kenyan market and its broader expansion into East Africa under the visionary leadership of Lagesse.
Mauritian tycoon Arnaud Lagesse’s IBL to finalize drug firm Harley’s deal this month
IBL Group, under the leadership of Lagesse, stands as a leading conglomerate and one of the largest groups in Mauritius.
Firm tied to Mauritian Lagesse family poised to become majority shareholder in Naivas, Kenya’s largest retailer
Mambo Retail is an investment vehicle linked to IBL Group, a prominent Mauritius conglomerate led by Mauritian tycoon Arnaud Lagesse.
Mauritian Lagesse family’s stake in IBL soars to new heights, gains $19.52 million
The multimillionaire Mauritian Lagesse family owns a 16.8-percent joint stake in IBL Limited.
Led by Mauritian mogul Arnaud Lagesse, IBL Group acquires stake in Equator Energy
Lagesse is CEO of IBL Group, one of the largest conglomerates in Mauritius.
Mauritian tycoon Arnaud Lagesse’s IBL strikes major deal to revolutionize East Africa’s energy sector
IBL Group is a global leader, with more than 200 brands in 19 countries.
Mauritian multimillionaire Arnaud Lagesse’s IBL acquires Kenyan drugs distributor Harley’s
IBL Group is a leading conglomerate with more than 200 brands.
Mauritian tycoon Arnaud Lagesse’s IBL Group backs Qotto’s $8-million Series-A equity-debt round
Lagesse’s group is investing in solar kit provider Qotto.
Mauritian tycoon Arnaud Lagesse’s IBL Group looks to expand in Kenya’s diverse industries
The Lagesse family owns 16.8 percent of IBL Group.
Mauritian tycoon Arnaud Lagesse’s IBL eyes new deal in East Africa
IBL is a renowned, multifaceted Mauritian conglomerate.