About IBL
Founded in Mauritius in 1830, IBL is now a major diversified group with a growing footprint across the Indian Ocean and East Africa. Through our four clusters – Retail, Consumer Brands & Distribution, Industrials and Services – we’re present in industries that touch people’s daily lives: from food and healthcare to energy, logistics, and hospitality. Wherever we are, and whatever we do, our purpose remains the same: Shaping better lives and better tomorrows. Together.
FY 2025
Team members
in 20 countries
Strategic clusters
Market capitalisation in Mauritius outside the banking sector
Market should be capitalised in Mauritius outside the banking sector
Revenue generated
outside of Mauritius
Revenue
(+19%)
of growth driven by
international operations
Our history
Blyth Brothers and Ireland Fraser are first established in Mauritius.
Joseph Lagesse aquires the Mon Loisir Sugar Estate and begins to modernise it.
Cyril Lagesse establishes the compagnie d’Investissement et de Developpement Limitée (CIDL).
Blyth Brothers and Ireland Fraser merge to become Ireland Blyth Ltd.
CIDL (Compagnie D’Investissement et de Développement Limitée) and DESMEM (Compagnie Desmem Limitée) merge to become GML Investissement Ltée. Mon Loisir Compagnie Limitee becomes GML Ineo Ltée.
GML Investissement Ltée becomes the majority shareholder of Ireland Blyth Ltd following its purchase of shares from CIEL Group.
Ireland Blyth Ltd and GML Investissement Ltée amalgamate following a unanimous shareholder vote. The new entity is renamed IBL Ltd as of 1 July and is listed on the Stock Exchange of Mauritius on 14 July.
The Beyond Borders strategy is announced.
The Group pursues its strategy of regional expansion and strategic acquisitions across East Africa and the Indian Ocean.
Our purpose
Our purpose
Shaping better lives
and better tomorrows.
Together.
For us, progress is personal. We believe that growth is only meaningful when it improves the lives of our teams, customers and communities, now and for the future. This belief guides every decision that we make: from our investments in people and businesses, to how we give back to those we serve. Because shaping growth means shaping the world around us.
Our values
Our values are the foundations of how we work, lead, and grow at IBL.
Who we are
A dual ecosystem: Hands-on operators, active investors
Depending on the business, we take on different roles as either operators or active investors – deeply involved in the
day-to-day of those we manage directly, while working side by side with the businesses we invest in to help them grow and perform at their best.
Family-owned
with world-class governance
IBL is a family-owned group with deep Mauritian roots. Our values guide how we care for our people, build trust, and invest for the long term. Combined with
world-class governance and international expertise, this blend of heart and discipline keeps us true to who we are as we pursue ambitious and responsible growth.
A multi-regional actor
Where we work
Where we work
Life & Technologies
- Building & Engineering
- Commercial & Distribution
- Hospitality & Services
- Seafood
- Building & Engineering
- Commercial & Distribution
- Logistics
- Building & Engineering
- Building & Engineering
- Hospitality & Services
- Hospitality & Services
Financial Services
Hospitality & Services
- Agro & Energy
- Financial Services
- Agro & Energy
- Commercial & Distribution
- Seafood
- Life & Technologies
- Building & Engineering
- Financial Services
- Agro & Energy
- Building & Engineering
- Commercial & Distribution
- Financial Services
- Hospitality & Services
- Life & Technologies
- Logistics
- Seafood
Property
- Building & Engineering
- Financial Services