From its inception in 1939 as a small sugar mill in Mon Loisir, GML really saw a boost in its activities, leading to an ambitious diversification program as from the 1960’s. Today, the group is present in the key sectors of the Mauritian economy and is benefitting from a regional expansion that, despite its share of challenges, has been fruitful.
The two financial holdings of GML, GML Ineo Ltee and GML Investissement Ltee, built up a portfolio that today represents about 300 subsidiaries and associated companies.
GML employs about 12,000 people in companies operating in Mauritius and the Indian Ocean region.
- Industry and Commerce: Phoenix Beverages in Mauritius and Sri Lanka, Alteo Limited in Tanzania, United Basalt Products in Mauritius, Sri Lanka and Madagascar.
- Life – Sciences – Biotechnologies: LLC-Cynologics, CIDP in Brazil, India and Roumania, GML Life Ltd, Proximed Ltd and Quantilab Ltd.
- Non-financial services: Alentaris Ltd.
- Multi-sector activities: IBL in La Reunion, Madagascar, Seychelles, Comoros, Uganda, India, China, Gabon and Dubai.
- Financial Services: AfrAsia Bank in Mauritius, South Africa, Abax Corporate Services in Australia, United Arab Emirates, Bahrain, Kenya, Singapore, Cyprus, India and South Africa, GML Management, GML Tresorerie, LCF Securities, Ellgeo and GML-Chedid and Associates East Africa Ltd.
- Hospitality: Lux Resorts Ltd in Mauritius, Reunion, Ajman, Maldives and China.
- Property development: BlueLife Limited.
The key drivers of the success of GML are dynamism and responsiveness. These have enabled GML to play a vital role in regional development.
GML has a group sustainability policy and has developed an environment programme, GML “Think Green “.
Today GML is proud to rank as one of the major private sector groups in the Indian Ocean region.
