Group and Shareholding structure

A Associate JV Joint Venture S Subsidiary
O Operations

- IBL Energy (100%) (S)
- Alteo (27.64%) (A)
- Manser Saxon (92.50%) (S)
- CNOI (63.83%) (S)
- UBP (33.14%) (S)
- BrandActiv (100%) (O)
- HealthActiv (100%) (O)
- Blychem (100%) (S)
- CMH (100%) (S)
- Intergraph (100%) (S)
- Scomat (100%) (S)
- Winner’s (100%) (S)
- Phoenix Bev (23.28%) (S)
- DTOS (100%) (S)
- LCF Holdings Ltd (63.75%) (S)
- Eagle Insurance (60%) (S)
- The Bee Equity Partners (34.95%) (S)
- City Brokers (50%) (JV)
- EllGeo Re – (100 % ) (S)
- AfrAsia Bank (30.29%) (A)
- Arcadia Travel (100%) (S)
- Alentaris (75.51%) (S)
- Lux Island Resorts (56.47%) (S)
- The Lux Collective (49.61 %) (S)
- IBL Life (100%) (S)
- IBL Link (100%) (S)
- CIDP (90%) (S)
- GWS Technologies (90 %) (S)
- Universal Media (55%) (S)
- QuantiLab Holding (50%) (A)
- IBL Aviation (100%) (O)
- IBL Shipping (100%) (O)
- Ground2Air (100%) (S)
- Logidis (100%) (S)
- Reefer Operations (100%) (S)
- Somatrans (75%) (S)
- Australair (50%) (S)
- G2A Camas (50%) (S)
- Cervonic (85%) (S)
- Seafood Hub (85%) (S)
- Froid des Mascareignes (59.50%) (S)
- Marine Biotechnology Products (56.95%) (S)
- Marine Biotechnology Products Côte d’Ivoire (41.65 %) (S)
- Mer des Mascareignes (42.50%) (A)
- Princes Tuna (Mauritius) (40.64%) (A)
- Nutrifish (24.97%) (A)
- Bloomage (100%) (S)
- Bluelife (48.99%) (S)

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IBL Ltd
IBL House Caudan Waterfront, Port Louis, Mauritius