Alteo Group, established in 2012 through the merger of Deep River-Beau Champ and Flacq United Estates Limited, is a prominent conglomerate in Mauritius with diversified operations across agro-business, energy, and property development.
History:
Alteo’s formation marked a significant consolidation in the Mauritian sugar industry, combining the expertise and resources of its predecessor entities. Over the years, the group has expanded its footprint beyond Mauritius, establishing a strong presence in Tanzania and Kenya.
Financial Performance:
As of February 12, 2025, Alteo Limited’s share price stood at MUR 13.85. The group’s diversified operations have contributed to its resilience and sustained financial performance, with significant revenue generated from its agro-business and energy segments.
Leadership:
Alteo Group is led by Chief Executive Officer Fabien de Marassé Enouf, who has been at the helm since March 2018. The Board of Directors, chaired by L. J. Jérôme de Chasteauneuf since March 2022, comprises experienced professionals who provide strategic oversight and governance.
Through its diversified operations and strategic leadership, Alteo Group continues to play a significant role in the economic development of Mauritius and its regional markets.