FACTSHEET
ABOUT A Mauritius-based leading diversified investment group, listed on the Stock Exchange of Mauritius, operating five business clusters spread across Mauritius, Africa & Asia: Agro & Property; Finance, Healthcare, Hotels & Resorts, Textile.
GROUP STRUCTURE CIEL AGRO & PROPERTY CIEL FINANCE CIEL HOTELS & RESORTS CIEL TEXTILE CIEL HEALTHCARE ALTEO CIEL FINANCE ANAHITA THE RESORT WOVEN CIEL HEALTHCARE CIEL PROPERTIES EBÈNE SKIES FERNEY LA VALLÉE DE FERNEY BANK ONE BNI MADAGASCAR IPRO MITCO THE KIBO FUND CIEL CORPORATE SERVICES IPRO GROWTH FUND SUN AMBRE ANAHITA FOUR SEASONS KANUHURA LA PIROGUE LE TOUESSROK SHANGRI-LA LONG BEACH SUGAR BEACH AQUARELLE CLOTHING CONSOLIDATED FABRICS LAGUNA CLOTHING PASTEL BLUE FINE KNITS TROPIC KNITS CDL KNITS CIEL HEALTHCARE AFRICA THE MEDICAL & SURGICAL CENTRE (FORTIS CLINIQUE DARNÉ & WELLKIN HOSPITAL) INTERNATIONAL MEDICAL GROUP (IMG) HYGEIA NIGERIA LIMITED (HNL) LABORATOIRE INTERNATIONAL DE BIO ANALYSE (LIBA) KNITWEAR FERNEY SPINNING MILLS FLOREAL KNITWEAR CIEL CIEL Agro Limited and Property August - March 2017 2017 3
Finance 16% Agro & Property 28% Investment Portfolio for the year ended 30 June 2017 Healthcare 7% MUR 13,940M for the year ended 30 June 2017 Hotels & Resorts 30% Textile 19%
Key Figures for the year ended 30 June 2016 1.5bn MUR Group Profit before non-recurring items and tax As at year ended June 2017 around MUR Market 11.8bn Capitalisation over 30,000 Employees Workforce across all subsidiaries and associated companies in more than 10 countries
From To Track Record First investment in Textile in 1970s in Mauritius First Mauritian company to invest in Madagascar in 1989 Among the first Mauritian groups to develop a luxury real estate program for foreigners 100% of sales driven by European Market before 2000 100% of our sugar production in Mauritius before 2000 Small asset management company in 2008 Minority stake in private clinic in Mauritius Owning & operating 20 factories in 4 different countries & employing 20,000 people 6 Textile factories, one bank (BNI Madagascar) & an indirect stake in Orange Madagascar Approx. 400 Million USD worth of property assets sold to date Business focus spanning across Europe, Africa, Asia, USA Sugar production across Mauritius, Tanzania & Kenya Two banks and private equity activity invested in Mauritius, Madagascar, etc. Controlling stakes in hospitals in Mauritius and Uganda; Investment in Nigeria
Our strategic partners and investors ADENIA PARTNERS / A private equity fund investing in Africa, investor in CIEL AMETHIS FINANCE / An invest fund, launched in partnership with Edmond de Rothschild Private Equity, entirely dedicated to long-term responsible financing in Africa, which invested in CIEL Finance DENTRESSANGLE INITIATIVES SAS / A holding enterprise & European leader in transport & logistics, investor in CIEL FFP INVEST / FFP is a listed company controlled by Peugeot family Group, investor in CIEL FOUR SEASONS / The Canadian international luxury, five-star hospitality company, which operates the Four Seasons at Anahita, Mauritius, a real estate developed & owned by SUN GROUP MARC LADREIT DE LACHARRIERE / Owner of 40% of the Lucien Barrière Hotel Group & holding 20% of the Fitch Group, investor in CIEL IFHA-II / The investment Fund for Health in Africa, a private equity fund and investor in CIEL Healthcare INTERNATIONAL FINANCE CORPORATION (IFC) / A Member of the World Bank Group & the largest global development institution, which invested in CIEL Healthcare & c- invested with CIEL Healthcare in Hygeia, Nigeria PROPARCO / A French development finance institution, investor in CIEL Healthcare SHANGRI-LA / The Hong-Kong based company that runs more than 100 luxury hotels around the world; it invested and manages our legendary Touessrok Hotel Resort & Spa in Mauritius FORTIS / One of the largest hospital network in India which partnered with CIEL Healthcare to operate Fortis Clinique Darné and Ex-Apollo Bramwell Hospital in Mauritius & share their management expertise for our healthcare investments in Uganda & Nigeria TEREOS / The world s 3 rd largest sugar producer co-investing with us in Africa through Alteo
CIEL KEY MILESTONES A century towards Beyond Horizons 1912 1926 1948 1970 1972 1975 1977 1978 Acquisition of Deep River sugar estate in the east coast of Mauritius by Adrien Dalais and children Acquisition of L Etoile sugar estate, by Deep River Acquisition of Beau Champ Sugar Estate by Deep River and Partners (became Deep River - Beau Champ Ltd) Acquisition of Ferney Sugar Estate and centralisation of operations on Deep River-Beau Champ Beginning of diversification in textile industry with the acquisition of Floreal Knitwear Ltd First investment in Hotel industry through the construction of St Géran Hotel Incorporation of Consolidated Investment and Enterprises Limited in which all non sugar strategic investments are transferred Beginning of vertical integration in the textile cluster with the incorporation of Ferney Spinning Mills CIEL CIEL Agro Limited and Property August - March 2017 2017 8
CIEL KEY MILESTONES A century towards Beyond Horizons 1983 1988 1990 1992 1994 1996 1997 2000 Creation of SUN Resorts Limited, with the acquisition of La Pirogue and Le Touessrok Hotels Acquisition of ENL interest in textiles and beginning of diversification in shirts and fine knits Beginning of international expansion with the launching of Floreal Madagascar Creation of IPRO, first investment in the financial sector Partnership with Coats Vyella In New Island Clothing (M&S) Acquisition of 30% in Constance Hotels Limited and deal for joint-venture with Constance La Gaieté for milling operations Incorporation of Aquarelle Clothing Ltd non M&S shirt business Acquisition of Essar Textiles, now known as Consolidated Fabrics Ltd (CFL) woven fabrics Investment in CEL power generation at Deep River Beau Champ Acquisition of TPC Ltd, a Sugar Factory in Tanzania, in joint venture with Groupe Quartier Français, From Reunion Island Merger of Aquarelle Group into Floreal Group and creation of CIEL Textile CIEL CIEL Agro Limited and Property August - March 2017 2017 9
CIEL KEY MILESTONES A century towards Beyond Horizons 2001 2004 2005 2006 2007 2008 New structure and brand vision for CIEL with three clusters: CIEL Textile, CIEL Agro-Industry, CIEL Investment Pioneer in CSR in Mauritius with the Launch of Fondation CIEL Nouveau Regard CIEL properties set up Anahita, a pioneering luxury property investment project on East coast of the Island Partnership agreement with Kingdom Hotels Investments and Signature agreement with Four Seasons International Expansion of CIEL Textile through Aquarelle in India and Bangladesh Investment of USD 35M in TPC to increase capacity Raise in CIEL Investment s share capital to Rs 1.2bn with international investors Opening of Anahita the luxury property project Expansion of the Financial Services with the Acquisition of Bank One, a Mauritian local bank, in joint venture with I&M Bank of Kenya Launch of initial capital of 30M regional equity fund by Kibo Fund LLC CIEL CIEL Agro Limited and Property August - March 2017 2017 10
CIEL CIEL KEY KEY MILESTONES MILESTONES A A century century towards towards Beyond Beyond Horizons Horizons 2009 2012 2013 2014 CIEL Investment Ltd increases its shareholdings to 29% in Sun Resorts Ltd and invests in Fortis Clinique Darné Amalgamation of Flacq United Estates Limited (FUEL) with and into Deep River-Beau Champ Limited, renamed Alteo Limited, listed on the Official Market of the Stock Exchange of Mauritius CIEL takes control of CIEL Textile Ltd through a shareholding of 56.31% in the company Amalgamation of CIEL Investment Ltd with and into Deep River Investment Ltd, to form a new entity renamed CIEL Limited, CIEL restructures with five clusters namely: CIEL Textile CIEL Agro & Property CIEL Finance CIEL Healthcare CIEL Hotels & Resorts Listing of CIEL Limited on the Official Market of the Stock Exchange of Mauritius Successful Private Placement at CIEL level to raise 50 m with FFP, ND Initiative, Fimalac, Proparco and private investor CIEL takes full control of Sun Resorts Ltd through a shareholding of 59.7 % in the company CIEL CIEL Agro Limited and Property August - March 2017 2017 11
CIEL KEY MILESTONES A century towards Beyond Horizons 2015 2016 2017 CIEL Healthcare Africa takes majority stake of 90.1 % in International Medical Group Uganda SUN Resorts Ltd acquires 100% of Anahita Hotel Limited, owner of the Four Seasons Resort Mauritius Alteo through Sucrière des Mascareignes Limited acquires 51% stake of Transmara Sugar Company Limited in Kenya CIEL Healthcare Limited announced with co-investors IFC, a member of the World Bank Group, IFHA-II Cooperatief U.A., a Netherland private equity fund focused on healthcare and the Swiss Re Direct Investments Ltd., a reinsurance company, an equity investment of $66.8 million in Hygeia Nigeria Limited, Nigeria s leading private healthcare company CIEL Healthcare Limited finalises new transaction in Nigeria with the acquisition of 22, 81% stake and management contract of Nigeria s leading private healthcare provider, Hygeia Nigeria The Medical and Surgical Centre Limited ( MSCL ) completes the acquisition of Ex-Apollo Bramwell Hospital s business operations, now known as Wellkin Hospital Stake in CIEL Textile Limited ( CTL ) increased from 56.31% to 88.48% in August 2017 CIEL CIEL Agro Limited and Property August - March 2017 2017 12
KEY FACTS 33 million garments exported annually Turnover for the year ended 30 June 2017 MUR 10.5BN 3 clusters Woven Fine Knits Knitwear 20 production units 8 Mauritius 6 Madagascar 5 India 1 Bangladesh Profit after tax for the year ended 30 June 2017 MUR 561.5M Total Assets MUR 10.3BN Over 20,000 employees CIEL Agro CIEL and Limited Property --August March 2017 13
KEY FACTS 9 Owned and managed properties in the Indian Ocean 5 Representative offices 3 Sales Office 5 Private islands in Mauritius & Maldives More than 1,504 Rooms Approx. 4,500 Employees SUN Limited listed on the The Stock Exchange of Mauritius 2 International partners 2 Tour operators in France and South Africa Ownership or privileged access to 3 Golf Courses CIEL Agro and CIEL Property Limited - March August 2017 2017 14
KEY FACTS Over 1,400 employees Investment Portfolio - As at 30 September 2016 KIBO 14% IPRO 2% MITCO 12% BNI 33% BANK ONE 39% 16% of CIEL s Portfolio Banking Fiduciary Services and Companies / Funds Administration Asset Management Private Equity 2 Banks Madagascar Mauritius Permanent Offices Botswana Kenya Madagascar Mauritius South Africa Countries of Activity Investments Madagascar Tanzania Zambia Kenya Uganda CIEL Agro CIEL and Property Limited - August March 2017 15
KEY FACTS 3,000 ha of land located in the South East region of Mauritius 200 ha of nature reserve 3 sugar factories 3 power plants +6,000 employees 7,800m 2 of office space 100+ years experience Key Partner The world s 3rd largest sugar group co-investing with us in Africa. Operations in 3 countries Mauritius Tanzania Kenya CIEL Agro CIEL and Property Limited - August March 2017 16
KEY FACTS 479 Operational Beds 243 Additional bedded capacity 3 International partners 6 Hospitals 36 Clinics 1 Accredited Testing Laboratory Mauritius 2 Hospitals 1 Clinic 1 Laboratory 2 HMOS providing medical schemes covering ~325,000 lives Over 2,500 employees Medical & paramedical services across 40 specialties Present in 3 Countries Nigeria 3 Hospitals 4 Clinics 9 Site Clinics 1 HMO Uganda 1 Hospital 14 Clinics 8 Site Clinics 1 HMO CIEL Agro CIEL and Property Limited - August March 2017 17
KEY EXECUTIVES P. Arnaud Dalais Chairman Jean-Pierre Dalais Group Chief Executive Jérôme De Chasteauneuf Group Finance Director Harold Mayer Executive Director CIEL Textile David Anderson Chief Executive Officer SUN Limited Marc-Emmanuel Vives Chief Executive Officer CIEL Finance Alex Alexander Managing Director CIEL Healthcare Africa Jean-Marc Rivet General Manager CIEL Properties