Medine Group
- Company typePublic
- Founded2006
- HeadquartersFlic En Flac, Mauritius
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
Medine Group firmographics
Firmographics- Name
- Medine Group
- Legal name
- Medine Limited
- Website
- https://medine.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Medine Group industry classification
Industry- Product category
- Diversified Conglomerate
- NAICS
- Vegetable and Melon Farming (1112), Nature Parks and Other Similar Institutions (712190)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Agricultural Prod-Livestock & Animal Specialties (200)
- akta.pro primary industry
- Specialty Real Assets / Niche Strategies (Marinas, Student Housing, Self-Storage, Life Science RE) (FSANAEAO)
- akta.pro secondary industries
- Natural Resources — Farmland & Agriculture (FSAAAKAI), Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)
Keywords
Where Medine Group is headquartered
LocationHeadquarters
- HQ city
- Flic En Flac
- HQ country
- Mauritius
- HQ region
- Africa
Offices2 records
Markets served
Medine Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Agriculture: Medine is an established leader in the Mauritian sugarcane industry, and a substantial producer of fruit, vegetables, and venison. Revenue from sugarcane harvesting, sugar production, and agricultural product sales.
- Education: Education ecosystem ranging from preschool to higher education and executive learning, including partnerships with world-class institutions. Revenue from tuition, academic programs, and educational services.
- Leisure (Casela Nature Parks, Sports & Hospitality): Leisure experiences including Mauritius' leading nature park, sports offerings, and hospitality (Tamarina Golf & Spa Boutique Hotel). Revenue from park admissions, hospitality services, golf fees, events, and food & beverage.
- Property: Master-planning, property development, investment, and asset management. Revenue from land sales, property development sales (e.g., The Grove, Uniciti residences), and rental income. Cascavelle Shopping Mall generates retail lease income.
Go-to-market motion1 record
Distribution channels6 records
Marketing channels7 records
Medine Group product offering
Product offeringCore offering
Medine Group is a Mauritian diversified conglomerate that operates across four core sectors: Agriculture (sugarcane cultivation, fruit and vegetables, venison production), Education (Uniciti International Education Hub covering preschool through higher education and the SPARC Sports Academy), Leisure and Hospitality (Casela Nature Parks including Safari Eco Rider, Tamarina Golf Club & Spa Boutique Hotel), and Property (master-planning, development, investment, and asset management anchored by The Grove and Uniciti residences). Complementary revenue comes from the Cascavelle Shopping Mall and Earth and Ocean Ltd beverages distribution.
Product overview
Medine Group is a diversified Mauritian conglomerate organized around five core business units: Agriculture (sugarcane, fruit, vegetables, venison), Education (preschool to executive learning via Uniciti International Education Hub), Leisure/Casela (nature parks, safaris, sports and hospitality including Tamarina Golf Club), Property (master-planning, development, investment, asset management), and Sports & Hospitality. The group operates several brands including Casela Nature Parks, Tamarina Golf Club, SPARC Sports Academy, and Yemen deer farm. Through its Fondation Medine Horizons CSR arm, the group supports community development in western Mauritius. The West platform promotes regional development. The company also has an Earth & Ocean beverages distribution subsidiary. The portfolio is held under Medine Limited, a publicly listed company on the Mauritius Stock Exchange.
Differentiator
Problem solved
Functional benefit
Brands
- Casela Nature Parks: Nature park and safari offering adventure activities, wildlife experiences in Mauritius
- Tamarina Golf & Spa
- Sparc
- Uniciti International Education Hub
- The West
- Yemen
- Earth and Ocean Ltd
Products and services
- Agriculture (Sugarcane, Fruit & Vegetables, Venison)
Quantifiable outcome
- Record financial performance for three consecutive years (FY 2021/22 to FY 2023/24), with income at MUR 5.5 billion and EBITDA growing to MUR 1.5 billion in FY 2023/24.
- +4 more outcomes
Companies that use Medine Group
Customer profileSegments5 records
Ideal customer profiles4 records
Medine Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Medine Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Reynaud Les HallesminorMedine Group and Reynaud Les Halles formed a strategic partnership, uniting their forces for mutual business development in the food and hospitality sector.
- Cap Business Océan IndiencoreCasela Nature Parks and Cap Business Océan Indien collaborate on biodiversity conservation efforts in Mauritius, working together on conservation initiatives for local wildlife and ecosystem preservation.
- American Business School of Paris (Groupe IGS)coreUniciti International Education Hub partnered with American Business School of Paris (Groupe IGS) for higher education programs, expanding international academic offerings at Medine's education hub.
- Mr. Bricolage MauritiusminorMedine and Mr. Bricolage Mauritius signed a partnership for the opening of a new store at Cascavelle Shopping Mall, expanding the retail tenant mix at the shopping center.
- Mauritian Wildlife FoundationcoreMedine and Mauritian Wildlife Foundation signed a conservation agreement for the Réserve de Mondrain, supporting endemic species protection and habitat conservation on Medine's estate.
- Conservatoire de Musique François MitterrandminorGuitar classes offered to 20 children from Bambous through a partnership between Fondation Medine Horizons and Conservatoire de Musique François Mitterrand, supporting youth music education.
Scale indicators17 records
Recent moves7 records
Expansion highlights5 records
Medine Group competitors and assessment
Company assessmentDirect peers
- Alteo Limited: Mauritian company with a direct overlap with Medine in sugarcane production and property development. Highly comparable due to the sugar-agriculture and real estate combination on the Mauritian west coast.
- IBL Ltd: Largest Mauritian conglomerate with operations spanning logistics, financial services, hospitality, and seafood/processing. Directly comparable as a publicly listed, multi-sector Mauritian group with similar conglomerate structure and capital allocation profile.
- CIEL Group: Diversified Mauritian group with deep exposure to textiles, financial services, healthcare, hospitality, and agro-industry. Closely comparable as a publicly traded Mauritian conglomerate operating multiple business segments under one corporate umbrella.
- Sun Resorts: Mauritius-based hospitality group operating multiple resort properties on the island. Comparable to Medine's leisure/hospitality segment, particularly the Tamarina Golf & Spa and Casela tourism offerings.
- Terra Mauricia Ltd: Diversified Mauritian group with activities in agro-industry (sugarcane), real estate, and financial services. Closely comparable to Medine's sugarcane-plus-property dual model within Mauritius.
- Harel Mallac & Co. Mauritian conglomerate with interests spanning financial services, commerce, and real estate. Comparable as a publicly listed, multi-segment Mauritian group operating under a similar diversified structure.
- Omnicane: Mauritian sugar producer with downstream energy activities. Closely comparable to Medine's legacy sugarcane business and represents the most direct peer within the Mauritian sugar industry.
Broad incumbents
- MCB Group: Largest banking and financial services group in Mauritius and a strategic counterparty of Medine (via MCB Capital Markets). Comparable as the dominant local institutional partner providing capital markets, advisory, and registry services supporting Medine's bond issuances.
Regional players
- Lux Island Resorts: Mauritius-headquartered hotel and resort group operating in the Indian Ocean region. Comparable for inbound tourism exposure, segment dynamics, and seasonality of leisure demand.
- New Mauritius Hotels: Hospitality operator focused on the Mauritian hotel market. Comparable for benchmarking Medine's Tamarina and leisure hospitality segment economics and pricing dynamics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Medine Group social profiles
Digital presenceMedine Group compliance and trust
Trust signalCompliance3 records
Medine Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medine Group leadership team
Management profileNumber of profiles
Profiles7 records
Medine Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
Medine Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medine Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medine Group
What does Medine Group do?
Medine Group is a Mauritian diversified conglomerate that operates across four core sectors: Agriculture (sugarcane cultivation, fruit and vegetables, venison production), Education (Uniciti International Education Hub covering preschool through higher education and the SPARC Sports Academy), Leisure and Hospitality (Casela Nature Parks including Safari Eco Rider, Tamarina Golf Club & Spa Boutique Hotel), and Property (master-planning, development, investment, and asset management anchored by The Grove and Uniciti residences). Complementary revenue comes from the Cascavelle Shopping Mall and Earth and Ocean Ltd beverages distribution.
Is Medine Group a public or private company?
Medine Group is a public company. It is classified as public and is currently operating.
When was Medine Group founded?
Medine Group was founded in 2006. It employs 501 to 1,000 people.
Where is Medine Group based?
Medine Group is headquartered in Flic En Flac, Mauritius, in the Africa region.
How does Medine Group make money?
Four revenue lines are on record. Agriculture is the primary driver. The others are education, leisure (Casela Nature Parks, Sports & Hospitality) and property.
Who are Medine Group's main competitors?
Direct peers on record are Alteo Limited, IBL Ltd, CIEL Group, Sun Resorts, Terra Mauricia Ltd, Harel Mallac & Co. and Omnicane. MCB Group is listed as a broad incumbent. Regional players are Lux Island Resorts and New Mauritius Hotels.
Does Medine Group have an API?
No public API is recorded for Medine Group.
What industry is Medine Group in?
Medine Group's product category is Diversified Conglomerate. Its primary akta.pro industry code is FSANAEAO, Specialty Real Assets / Niche Strategies (Marinas, Student Housing, Self-Storage, Life Science RE), with a secondary code of FSAAAKAI, Natural Resources — Farmland & Agriculture. Its NAICS code is 1112 and its SIC code is 6532.