Rogers & Company

What Rogers & Company does

Rogers & Company is the historical entity behind what is now marketed as ER Group, a Mauritian listed conglomerate formed in 2025 through the merger of ENL Group and Rogers Groups and drawing on over 200 years of combined history. The group operates across seven business segments — Agribusiness (ER Agri, Agrïa), Real Estate (ER Property, Ascencia), Hospitality & Travel (ER Hospitality, ER Aviation, Beachcomber Group), Logistics (Velogic), Finance (Rogers Capital), Commerce & Manufacturing (ER Commercial), and Technology & Energy (Rogers Capital Technology, Ecoasis) — with additional minority investments in Eclosia, Semaris, Swan, FRCI, and Superdist. It runs a portfolio of 120+ brands across 17 territories, employs more than 12,000 people (13% overseas), and is led by CEO Philippe Espitalier-Noël.

The group's business model combines direct sales and brand-led distribution across all seven segments, anchored in the Indian Ocean and increasingly in East Africa. Revenue mechanics vary by segment — recurring subscription-style flows in real estate, finance, and energy, and transaction-fee flows in logistics and commerce — but no segment-level revenue or pricing is publicly disclosed. The group monetises its scale through wholly-owned operating subsidiaries (Beachcomber Group hotels and resorts, Velogic logistics, Rogers Capital financial services, Ecoasis energy solutions) and through long-dated channel partnerships, most notably the Air France General Sales Agent arrangement in place since 1945 via ER Aviation.

Operational and financial signals point to recent momentum: Rs 3.8bn PAT in Q3-FY26, 22% nine-month profit growth to 31 March 2026, a Rs 130m FY25 training investment, a June 2026 share price of Rs 17.60, and active product and geographic expansion (Moka Rangers Sports Club, La Réserve Golf Links' #28 Golfweek international ranking, and a stated East Africa deepening strategy). The company reports no proprietary AI/ML platform, patents, or research output in the available data, and pricing details are not publicly disclosed across any segment.

Name

Rogers & Company

Legal name

ER Group Limited

Website

https://rogers.mu

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Rogers & Company is the historical anchor of ER Group, a Mauritian listed conglomerate operating 120+ brands across agribusiness, real estate, hospitality & travel, logistics, finance, commerce, and technology & energy in 17 territories with 12,000+ employees.

Ownership category

akta.pro rank

Product category

Investment and International Services (Diversified Conglomerate)

NAICS

Management of Companies and Enterprises (551)

SIC

Investment Advice (6282)

akta.pro primary industry

Invoice, Billing, Reconciliation & ERP/AP Integrations (THALANAF)

akta.pro secondary industry

Lifestyle, Concierge & Personal Services Management (FSAAADAJ)

Keywords

• Investment services
• International services
• Fintech solutions
• Logistics services
• Property services

Headquarters

HQ city

Port Louis

HQ country

Mauritius

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Agribusiness: Revenue from agricultural operations including ER Agri and Agrïa brands
2. Real Estate: Revenue from property development, management and real estate services through ER Property and Ascencia
3. Hospitality & Travel: Revenue from hospitality operations, travel services, and aviation through ER Hospitality, ER Aviation, and Beachcomber Group
4. Logistics: Revenue from logistics and supply chain operations through Velogic
5. Finance: Revenue from financial services through Rogers Capital
6. Commerce & Manufacturing: Revenue from commercial operations and manufacturing through ER Commercial
7. Technology & Energy: Revenue from technology and energy solutions through Rogers Capital Technology and Ecoasis

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Rogers & Company provides investment and international services for fintech, hospitality, logistics, and property markets. As part of the broader ER Group (formed in 2025 through the merger of ENL and Rogers Groups), the company operates a diversified portfolio across seven business segments — Agribusiness, Real Estate, Hospitality & Travel, Logistics, Finance, Commerce & Manufacturing, and Technology & Energy — delivered through 120+ brands across 17 territories.

Product overview

ER Group is a leading Mauritian listed group formed in 2025 through the merger of ENL and Rogers Groups, combining over 200 years of history. The company operates a diversified portfolio across seven business segments: Agribusiness (ER Agri, Agrïa), Real Estate (ER Property, Ascencia), Hospitality & Travel (ER Hospitality, ER Aviation, Beachcomber Group), Logistics (Velogic), Finance (Rogers Capital), Commerce & Manufacturing (ER Commercial), and Technology & Energy (Rogers Capital Technology, Ecoasis). With 120 brands and operations across 17 territories, the group also maintains key investments in Eclosia, Semaris, Swan, FRCI, and Superdist. The company employs over 12,000 team members and focuses on sustainable growth in Mauritius while expanding internationally.

Differentiator

Problem solved

Functional benefit

Products and services

• Rogers Capital Financial services brand within the Finance segment, providing investment and financial services as part of Rogers & Company's investment services offering.
• Rogers Capital Technology Technology solutions and services within the Technology & Energy segment, supporting fintech and technology needs of the group's clients.
• ER Aviation Aviation services brand operating as a General Sales Agent, with presence in the aviation industry since 1945, providing international aviation representation and distribution.
• Beachcomber Group Hospitality group operating hotels and resorts, part of the Hospitality & Travel segment.
• Velogic Logistics services and solutions brand operating within the Logistics segment, providing freight and supply chain operations.
• ER Property Real estate property management and development brand operating within the Real Estate segment.
• Ascencia Real estate brand focusing on commercial and retail property within the Real Estate segment.
• ER Hospitality Hospitality and travel services brand operating within the Hospitality & Travel segment.
• Agrïa Agricultural services and solutions brand within the Agribusiness segment.
• ER Agri Agribusiness brand focused on agricultural operations within the Agribusiness segment.
• Ecoasis Sustainable energy solutions brand within the Technology & Energy segment.
• ER Commercial Commerce and manufacturing brand within the Commerce & Manufacturing segment.

Quantifiable outcome

• Nine-month profit up 22% for period ending 31 March 2026
• +1 more outcomes

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• ENL GroupcoreStrategic or Co-development Partner · 1 January 2025ER Group was formed in 2025 through the combination of ENL and Rogers Groups, bringing together over 200 years of combined history into a unified Mauritian listed company.
• Air FrancecoreChannel Partner/ Reseller/ Distributor · 1 January 1945ER Aviation has been part of the aviation industry since 1945, when the company began as General Sales Agent for Air France in Mauritius. This longstanding partnership established ER Aviation's presence in the aviation sector.
• EclosiaminorOthersKey investment entity within the ER Group portfolio of companies.
• SemarisminorOthersKey investment entity within the ER Group portfolio of companies.
• SwanminorOthersKey investment entity within the ER Group portfolio of companies.
• SuperdistminorOthersKey investment entity within the ER Group portfolio of companies.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• IBL Limited: IBL is the largest listed Mauritian conglomerate, operating across healthcare, logistics, financial services, hospitality, and commerce with thousands of employees across the Indian Ocean region. It is the closest structural comparable to ER Group given its seven-segment diversified model and Mauritius anchor.
• CIEL Group: CIEL is a long-standing Mauritian conglomerate with diversified activities spanning textiles, financial services, healthcare, hospitality, and real estate. Its listed, multi-segment profile and Indian Ocean footprint make it a direct peer to ER Group's diversified holding structure.
• Alteo Limited: Alteo is a Mauritian listed group with operations in agribusiness (sugar, real estate, energy) and African subsidiaries. Comparable to ER Group's Agribusiness (ER Agri, Agrïa) plus Real Estate segments and its Africa expansion thesis.

Broad incumbents

• Sun Limited: Sun Limited is a Mauritian hospitality group operating multiple resort brands across Mauritius, the Maldives, and other Indian Ocean destinations. It is a broad incumbent comparable relevant to ER Group's Hospitality & Travel segment anchored by Beachcomber Group.
• Four Seasons Hotels and Resorts: Four Seasons is a global luxury hospitality operator with properties in premier resort and city destinations worldwide. Relevant broader incumbent comparable to the premium positioning of Beachcomber Group and La Réserve Golf Links within ER's hospitality portfolio.

Emerging players

• Lux Island Resorts: Lux Island Resorts operates luxury hotel brands (LUX* Resorts) across Mauritius, the Maldives, and Réunion. Comparable to Beachcomber Group within ER's portfolio given its premium Indian Ocean hospitality positioning.
• Constance Hotels & Resorts: Constance is a Mauritian-origin hospitality operator with luxury resorts in Mauritius, the Seychelles, and Madagascar. Comparable to the Beachcomber Group within ER's Hospitality & Travel segment given overlapping geographies and luxury positioning.
• New Mauritius Hotels: New Mauritius Hotels is a Mauritian hospitality company operating beachfront and leisure properties in Mauritius. Comparable component to ER Group's hospitality segment given shared domestic market and Indian Ocean customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=Zf6Machfs9Y

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rogers & Company