The origin of Terra dates back to 1838. It is a conglomerate established in Mauritius and operating locally and regionally. Formerly known as Harel Freres, it started out as a small sugar factory. Today Terra is one of the major players in the cane sector in Mauritius. Terragri Ltd. manages some 6,000 hectares of sugarcane land in the Northern part of the island (out of a total of 7,000 hectares of land owned). Its sister company, Terra Milling Ltd., is best known worldwide for its production of specialty sugars.
The group diversified its activities throughout the years, from an essentially sugar-oriented company to one with interests in energy production, alcohol production and commercial distribution, property development, construction and financial services. Terra Mauricia Ltd., the group’s holding company, is quoted on the Official List of the Stock Exchange of Mauritius under the Investment segment and is on the SEM10 list.
Terra has expanded into Africa; it is present in the Ivory Coast through its investment in two sugar factories and in Kenya, Uganda, Rwanda, South Sudan and Burundi through its investment in Terravest Limited. It is also in Madagascar having acquired a minority stake in Orange Madagascar, and through Grays, one of its subsidiaries engaged in alcohol distillation and commercial distribution.
