Our history

1830

Ireland Fraser and Blyth Brothers are first founded.

1939

Joseph Lagesse acquires the Mon Loisir H.E. Ltd sugar refinery in northeastern Mauritius.

1970

Cyril Lagesse establishes the Compagnie d’Investissement et de Développement Ltée.

1972

Blyth Brothers and Ireland Fraser merge to create Ireland Blyth Ltd.

2008

CIDL and Desme merge to create GML Investissement Ltée.

2016

GML Investissement Ltée and Ireland Blyth Ltd amalgamate to become IBL Ltd.

14th July 2016

IBL is listed on the Stock Exchange of Mauritius. It is also among the first 13 Mauritian companies to be listed on the Stock Exchange of Mauritius Sustainability Index.

2018

Revenue from IBL companies totals MUR 37.1 billion. The group’s market capitalisation is the largest in Mauritius outside of the banking sector.

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