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The CIEL group is a family-owned conglomerate, listed in Mauritius and also operating in Asia and Africa.

As at December 31, 2023

Since it began its operations in the sugar industry in 1912, the group has diversified into textiles, hospitality, healthcare and finance. It currently has 38,000 employees.

The group has been listed on the Official Market of the Stock Exchange of Mauritius since January 2014.

Stake in CIEL
6.8 %
Investment date

Peugeot Invest's investment

In 2014, Peugeot Invest subscribed to the CIEL group’s reserved rights issue for €16 million, giving it a 7.6% stake in the company. The capital increase was intended to fund the group’s development in the Indian Ocean and Africa.

At 31 December 2023, the Peugeot Invest group (via its wholly owned subsidiary Peugeot Invest Assets) held 6.8% of the company’s capital.

Peugeot Invest Assets is party to a shareholder agreement.

The value of the shareholding in the Net Asset Value and the consolidated financial statements is based on the share price at 31 December 2023.

Sébastien Coquard is a member of CIEL’s Board of Directors.

In 2023

Net Asset Value per share rose by 25% in 2023 and the investment portfolio was worth MUR 23.9 billion at 31 December 2023.

Shareholding structure

68.1 %
8.2 %
Mercoeur Investment
6.8 %
Peugeot Invest
6.3 %
Hugnin Frères
5.1 %
Di Cirne Holding
5.5 %
Les Amarres Investment