About CIEL

CIEL is an international Mauritian Group which operates in 6 strategic sectors, listed on the Stock Exchange of Mauritius and on the SEM Sustainability Index.

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Our Clusters

Textile

CIEL Textile is a world-class global player in textile and garments operations, present in Mauritius, Madagascar, India, and Bangladesh with more than 23,000 employees.

Finance

Specialised in Banking & Financial Services, CIEL Finance Limited is a subsidiary of CIEL and is actively involved in Banking, Fiduciary, and Asset Management. With approx. 1,600 employees, CIEL Finance operates in Mauritius, Madagascar, Seychelles, and Dubai.

Healthcare

C-Care International Ltd is a registered private limited company which owns, operates and manages assets in the healthcare sector in Mauritius and across Uganda.

Hotels & Resorts

CIEL Hotels & Resorts regroups all the tourism and hospitality activities of the Group including Sunlife, Four Seasons at Anahita, Shangri-la's Le Touessrok Resort & Spa, Anahita Golf & Spa Resort, World Leisure Holidays & Solea.

Property

CIEL Properties Limited looks after the Group’s land and real estate assets in Mauritius which includes Ferney Limited, Ebene Skies Limited, and Evolis.

Agro

Deeply linked with the sugar industry since its creation in 1912, CIEL remains a key stakeholder in the Agro-industry being a main shareholder of Alteo, a regional sugar producer.

Our History

1912-1971

Started in 1912 through the acquisition of one sugar estate
Growth in the sugar industry through acquisitions and centralisation of operations in Deep River Beau Champ

1972 - 1988

Kick-off of the diversification of CIEL’s operations in the textile industry with the acquisition of Floreal Knitwear and followed by several acquisitions in Mauritius

1989 - 2000

Start of CIEL's international expansion:
- Creation of Floreal Madagascar
- Acquisition of a sugar estate in Tanzania
- Diversification in the Financial sector with the incorporation of Cirne Financial Services (now IPRO Ltd)

2001 - 2005

New Group corporate structure with the incorporation of CIEL Textile Ltd, CIEL Agro-Industry Ltd, CIEL Investment Ltd, CIEL Properties Ltd and CIEL Capital Limited
Launch of property projects in Mauritius with Anahita and the start of ecotourism with Domaine de l’Etoile, and later in 2008 with La Vallée de Ferney
Creation of CIEL Foundation

2005 - 2013

Externalisation of CIEL Textile’s operations in India, China and Bangladesh
Official launch of Anahita The Resort and Four Seasons Resort Mauritius at Anahita
New acquisition in the Finance sector with First City Bank Ltd, now Bank One, in a joint venture with I&M Bank

2014 - 2016

Listing of CIEL Limited on the official Market of the Stock Exchange of Mauritius
Acquisition of controlling stakes in BNI Madagascar SA and in Sun Limited and in Transmara Sugar Company Limited through Alteo
Creation of CIEL Healthcare and acquisitions of increased stakes in the Medical and Surgical Centre Limited

2017 - 2019

Listing of CIEL on the Stock Exchange of Mauritius Sustainability Index
Increased stake in C-Care (Mauritius) Ltd and acquisition of all CIEL Textile Limited’s ordinary shares held by minority shareholders
Creation of Property cluster

2020 - 2021

Launch of Group Sustainability Strategy 2030
Rebranding of CIEL Healthcare into C-Care across Mauritius and Uganda
Listing of Miwa Sugar on the Development and Enterprise Market (DEM) of the Stock Exchange of Mauritius
Aquarelle Samudra, first factory to be certified LEED Platinum

2022 - 2023