Group and Shareholding structure

A Associate JV Joint Venture S Subsidiary
O Operations

- Alteo (27.64%) (A)
- UBP (33.14%) (S)
- Manser Saxon (92.5%) (S)
- CMH (100%) (S)
- Scomat (100%) (S)
- ServEquip (100%) (S)
- DieselActiv (100%) (S)
- CNOI (60%) (S)
- Blychem (100%) (S)
- BrandActiv (O)
- HealthActiv (O)
- Winner’s (100%) (S)
- Monoprix (100%) (S)
- Intergraph (100%) (S)
- AfrAsia (30.29%) (A)
- DTOS (100%) (S)
- Eagle Insurance (60%) (S)
- City Brokers (50%) (JV)
- EllGeo (Re) (33.3%) (A)
- LCF Holding (75%) (S)
- The Bee Equity Partners (34.95%) (S)
- Alentaris (75.51%) (S)
- IBL Link (100%) (S)
- GWS Technologies (45%) (A)
- Universal Media (55%) (S)
- LUX* Island Resorts (56.47%) (S)
- IBL Life (100%) (S)
- CIDP (90%) (S)
- QuantILAB Holding (50%) (S)
- Logidis (100%) (S)
- Somatrans (75%) (S)
- Ground2Air (100%) (S)
- Australair (50%) (S)
- Arcadia Travel (100%) (S)
- Reefer Operations (100%) (S)
- G2A Camas (50%) (S)
- Phoenix Beverages (23.28%) (S)
- Seafood Hub (85%) (S)
- Froid des Mascareignes (59.50%) (S)
- Marine Biotechnology Products (56.95%) (S)
- Cervonic (85%) (S)
- Mer des Mascareignes (42.50%) (A)
- Princes Tuna (Mauritius) (40.64%) (A)
- Nutrifish (24.97%) (A)
- Fresh Cuts (100%) (S)
- La Tropicale Mauricienne (100%) (S)
- Bloomage (100%) (S)
- Bluelife (48.99%) (S)

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IBL Ltd
IBL House Caudan Waterfront, Port Louis, Mauritius