
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.
The Lagesse family owns 16.8 percent of IBL Group.
IBL Group holds an ownership interest in Transmara Sugar Company.
IBL is a renowned, multifaceted Mauritian conglomerate.
Lagesse and his siblings own a 16.8-percent joint stake in IBL Group.
Lagesse and his siblings own a 16.8-percent joint stake in IBL Group, or 114,369,469 shares.
IBL Group is a leading Mauritian conglomerate and one of the island’s largest firms.
The Mauritian Lagesse family and the Dalais family both control a portion of Alteo Limited through related entities.
The transaction highlights Naivas’ intrinsic value as Kenya’s largest supermarket chain.
The Mauritius-based conglomerate recorded a triple-digit increase in profit in the first half of its 2022 fiscal year.
Lux Resorts is a leading luxury hotel operator with properties and operations in Mauritius, the Maldives, China, France and Vietnam.