Mauritian businessman Arnaud Mayer’s Evaco Group reports $1.2 million loss in H1 2024
Revenue dropped from MUR347.94 million ($7.5 million) to MUR232.4 million ($5 million), while finance costs surged to MUR63.1 million ($1.36 million).
Mauritian businessman
Mauritian businessman Arnaud Dalais-led CIEL sees half-year profit slump below $50 million
While revenue edged higher, the group’s profit took a hit, weighed down by new tax levies and weaker contributions from its agro business.
10 companies linked to Mauritian tycoon Arnaud Lagesse
From leading Mauritius’ largest conglomerate, IBL Group, to investments in Kenya’s retail sector through Naivas International.
7 companies linked to late Mauritian tycoon Pierre Guy Noel
Explore his influential connections to seven key companies, ranging from MCB Capital Markets to the Blue Penny Museum.
Pierre Guy Noel, iconic leader and former CEO of biggest bank in Mauritius, dies at 67
Noel’s passing comes over two years after his retirement as the CEO of MCB Group.
Led by Mauritian businessman Jean Ribet, BMH posts $5.8 million in profit
Ribet owns a 3.32-percent stake in BMH Limited.
Mauritian tycoon Arnaud Mayer’s Evaco surpasses $9 million in revenue in H1 2023
Mayer founded Evaco Group as a real estate development company in 2001.
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 4DI Capital’s $25-million seed fund
Lagesse and his siblings own a 16.8-percent joint stake in IBL Group.
Mauritian businessman Pierre Guy Noel gains over $1 million in seven weeks
Noel owns 0.55 percent of Mauritius’ largest banking group, MCB Group Limited.
Mauritian Lagesse family-linked firm Alteo acquires further $8.2-million stake in Transmara Sugar
The Mauritian Lagesse family and the Dalais family both control a portion of Alteo Limited through related entities.
Mauritian tycoon Arnaud Lagesse-led IBL Group buys stake in leading Kenyan supermarket chain
The transaction highlights Naivas’ intrinsic value as Kenya’s largest supermarket chain.
Led by Mauritian businessman Jean Ribet, BMH rebounds from loss; earnings surge
Ribet controls a significant 3.32-percent stake in the company worth $1.71 million.
Mauritian Espitalier-Noel family gains $5.3 million from stake in ENL
The Espitalier-Noel family is one of the wealthiest families in Mauritius.
Mauritian tycoon Hector Espitalier-Noel’s ENL rebounds, earnings surpass $8 million in H1 2022
The Mauritius-based group is led by Espitalier-Noel, who has a 9.92-percent beneficial stake in the company.