
Mauritian tycoon Arnaud Lagesse's Phoenix completes $80 million acquisition in Seychelles
Phoenix Beverages buys 54.4% stake in Seychelles Breweries from Diageo to boost growth across East Africa and the Indian Ocean.
Phoenix Beverages buys 54.4% stake in Seychelles Breweries from Diageo to boost growth across East Africa and the Indian Ocean.
IBL Group sees record-breaking revenue of $2.2 billion under Mauritian businessman Arnaud Lagesse's leadership.
This surge in profit can be attributed to the conglomerate’s adept cost-effective measures and strategic initiatives.
Arnaud Lagesse, along with his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, collectively holds a substantial 16.8-percent joint stake in IBL Group.
The move signals IBL’s strategic commitment to the Kenyan market and its broader expansion into East Africa under the visionary leadership of Lagesse.
IBL Group, under the leadership of Lagesse, stands as a leading conglomerate and one of the largest groups in Mauritius.
Espitalier-Noel owns a 9.92-percent stake in ENL Limited.
Despite this recent setback, Dalais remains one of the most affluent CEOs in Mauritius and East Africa.
Ha Chow holds a 14.59-percent stake in ABC Banking Corp., making her the second-largest shareholder in the Port Louis-based financial services provider.
Arnaud Lagesse, alongside his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, holds a 16.8-percent joint stake in IBL.
ENL Limited reports a stellar $33.9 million in profit, driven by robust revenue growth.
Mayer founded Evaco Group as a real estate development company in 2001.
IBL Group is a global leader, with more than 200 brands in 19 countries.
Lagesse’s group is investing in solar kit provider Qotto.
The Lagesse family owns 16.8 percent of IBL Group.
IBL is a renowned, multifaceted Mauritian conglomerate.