What LORET Group does

LORET Group is a privately held, family-controlled conglomerate founded in 1962 and headquartered in Pointe-à-Pitre, Guadeloupe, operating as a multi-sector distribution and services platform across French overseas territories. The group runs four core revenue lines: (1) automotive import and distribution of new passenger and commercial vehicles under franchises for Peugeot, Citroën, DS Automobiles, KIA, MG, Alfa Romeo, Abarth, Fiat, Jeep, Maxus, Iveco, and Renault Truck; (2) short- and long-term vehicle rental through Hertz, Dollar, and Thrifty franchises, where it is the market leader in Martinique, Guadeloupe, and French Guiana; (3) spare-parts distribution under Mister Auto, Feu Vert, Eurorepar, Opal, and Pieces Auto, with a market-leading position in Guadeloupe and #2 positions in French Guiana and Martinique, executed across 16 logistics sites including Réunion; and (4) air transport via St Barth Executive, operating three Pilatus PC-12NG aircraft for VIP charter and the Caribmedevac medical-evacuation service, the only Caribbean operator equipped with an isolation bubble for contagious-disease transport.

The group additionally controls Global Caribbean Network, a joint venture with SEMSAMAR that operates the Guadeloupe Numérique submarine cable under a Public Service Delegation from the Guadeloupe Region, providing wholesale broadband to telcos on Guadeloupe, Saint Martin, Saint Barthélemy, Ste Croix, and extended Caribbean islands. It holds a 10% equity stake in Corsair airline, which operates nine Airbus A330s connecting mainland France to the overseas departments and Côte d'Ivoire. Revenue is generated via vehicle unit sales, recurring rental contracts, transactional parts distribution, B2B bandwidth wholesale, charter fees, and minority-investment returns; pricing is not publicly disclosed. The customer base spans individual consumers, business and government fleet operators, telecom operators, VIP travelers, and healthcare institutions across six overseas territories — Guadeloupe, Martinique, French Guiana, Saint Martin, Saint Barthélemy, and Réunion — with the most recent strategic pivot being an October 2025 distribution partnership with VinFast to bring EVs to French Overseas Territories and Europe.

Name

LORET Group

Legal name

GROUPE LORET

Website

https://groupeloret.net

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

501–1,000 employees

Short description

LORET Group is a private, family-held Guadeloupe-headquartered conglomerate operating automotive distribution, vehicle rental, spare-parts logistics, air transport, and submarine-cable telecom services across French overseas Caribbean and Indian Ocean territories, with market-leading positions in rental and parts.

Ownership category

akta.pro rank

Product category

Automotive Distribution and Diversified Services

NAICS

Motor Vehicle Supplies and New Parts Merchant Wholesalers (42312), Motor Vehicle Parts (Used) Merchant Wholesalers (42314)

SIC

Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010), Wholesale-Motor Vehicle Supplies & New Parts (5013)

akta.pro primary industry

Commercial / Business Vehicle Subscriptions (Vans, Light Trucks) (THADACAI)

akta.pro secondary industries

Corporate & VIP Group Charter Operators (THABADAD), Telecommunications & Network Equipment (TLAIALAN)

Keywords

• Automobile distribution
• Vehicle rental services
• Automotive spare parts
• Submarine cable broadband
• Air charter transport

Headquarters

HQ city

La Pointe

HQ country

France

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Automotive Import and Distribution: Import and distribution of new vehicles (passenger cars and industrial/commercial vehicles) through dealership network in French Guiana, Martinique, Guadeloupe, and Saint Martin. Brands include Peugeot, Citroën, DS Automobiles, KIA, MG, Alfa Romeo, Abarth, Fiat, Jeep, Maxus, Iveco, and Renault Truck. Revenue from vehicle sales to individual and business customers.
2. Short and Long-Term Vehicle Rental: Car rental services (short-term and long-term) across Martinique, Guadeloupe, and French Guiana. Operates under Hertz, Dollar, and Thrifty franchise brands. Market leader in these territories for both short-term and long-term rental.
3. Spare Parts Distribution: Distribution of automotive and industrial vehicle spare parts. Market leader in Guadeloupe, number two in French Guiana and Martinique. Operates under brands including SACI, Mister Auto, Eurorepar, Opal, Pieces Auto, Feu Vert, and others.
4. Telecommunications — Global Caribbean Network: Operation of submarine broadband cable infrastructure serving Guadeloupe, Saint Martin, Saint Barthélemy, and extended Caribbean islands. Offers bandwidth access to island telecom operators on a fair and transparent basis under a Public Service Delegation.
5. Air Transport — St Barth Executive / CME: VIP passenger charter transportation and medical evacuations (Caribmedevac) via a fleet of three Pilatus PC-12NG aircraft based in Saint Barthélemy. Revenue from charter flights and medical transport services.
6. Corsair Airline Investment: LORET Group holds a 10% equity stake in Corsair airline (nine Airbus A330 aircraft operating routes between mainland France, five overseas departments, and Côte d'Ivoire). Returns generated as shareholder dividends or capital appreciation.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

LORET Group is a diversified conglomerate that imports and distributes new passenger and industrial vehicles through owned dealerships across French overseas territories (Guadeloupe, Martinique, French Guiana, Saint Martin, Saint Barthélemy, Réunion), operates short-term and long-term car rental under Hertz, Dollar, and Thrifty franchises, distributes automotive and heavy-vehicle spare parts, runs a VIP and medical evacuation air charter business (St Barth Executive / Caribmedevac), and provides broadband telecommunications via the Global Caribbean Network submarine cable joint venture.

Product overview

LORET Group is a diversified ultramarine and Caribbean conglomerate operating primarily in four business lines: automotive distribution (importing and distributing vehicle brands including Peugeot, Citroën, DS Automobiles, KIA, MG, Alfa Romeo, Abarth, Fiat, Jeep, Maxus, Iveco, and Renault Truck), vehicle rental services (short and long term through Hertz, Thrifty, and Dollar brands), spare parts distribution (through Mister Auto, Feu Vert, Eurorepar, Opal, and Piecesauto), and air transport (via St Barth Executive and its Caribmedevac medical evacuation subsidiary). The group also holds a 10% stake in Corsair airline and operates telecommunications infrastructure through Global Caribbean Network. The company serves territories including Guadeloupe, Martinique, French Guiana, Saint Martin, Saint Barthélemy, and Réunion.

Differentiator

Problem solved

Functional benefit

Products and services

• Automotive Distribution Import and distribution of new vehicles (passenger cars and industrial/commercial vehicles) through dealerships across Guadeloupe, Martinique, French Guiana, and Saint Martin. Distributes brands including Peugeot, Citroën, DS Automobiles, KIA, MG, Alfa Romeo, Abarth, Fiat, Jeep, Maxus, Iveco, and Renault Truck to individual and business buyers.
• Vehicle Rental (Short and Long Term) Short-term and long-term vehicle rental services across Martinique, Guadeloupe, and French Guiana. Operates under Hertz, Dollar, and Thrifty franchise brands. Market leader in these territories for both short-term and long-term rental segments.
• Spare Parts Distribution Distribution of automotive and industrial vehicle spare parts across French overseas territories. Market leader in Guadeloupe and number two in French Guiana and Martinique. Operates under brands including SACI, Mister Auto, Eurorepar, Opal, Pieces Auto, and Feu Vert through 16 logistics and commercial sites.
• Global Caribbean Network Submarine Cable Broadband Telecommunications subsidiary operating submarine broadband cable infrastructure providing bandwidth access to island telecom operators in Guadeloupe, Saint Martin, Saint Barthélemy, Ste Croix, with extensions to Dominica, Martinique, Saint Lucia, Saint Vincent, Grenada, and Trinidad. Operates under a Public Service Delegation from the Guadeloupe Region.
• St Barth Executive VIP Air Charter VIP passenger charter transportation across the Caribbean using a fleet of three Pilatus PC-12NG single-engine turbine aircraft. Operates from Saint Barthélemy with routes reaching as far as Florida, including direct flights Saint Barthélemy to Miami and Fort-de-France to Cayenne.
• Caribmedevac Medical Evacuation Dedicated medical evacuation service with bubble transport capability for contagious disease patients, operating from Saint Barthélemy. Processes in place to launch emergency flights within 60-90 minutes of call. Only operator in the Caribbean equipped with bubble for transport of contagious diseases.
• Corsair Airline Equity Stake Minority investment position in Corsair airline, which operates nine Airbus A330 aircraft on routes between mainland France, five overseas departments, and Côte d'Ivoire. LORET Group holds a 10% equity stake acquired in 2021 and earns returns through shareholder dividends or capital appreciation.

Quantifiable outcome

• Market leader in spare parts distribution in Guadeloupe; #2 in French Guiana and Martinique
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered strategic and core.

• VinFaststrategicChannel Partner/ Reseller/ Distributor · 1 October 2025VinFast signed a strategic distribution partnership with LORET Group in October 2025 to expand VinFast electric vehicle distribution in French Overseas Territories and Europe. The agreement covers specific EV model sales with growth targets and operational support through 2026. LORET Group also aims to support VinFast's expansion in France and Germany and strengthen its aftersales network across Europe.
• SEMSAMAR (Saint-Martin)coreStrategic or Co-development PartnerGlobal Caribbean Network is the joint subsidiary of LORET Group and SEMSAMAR (Saint Martin), selected by the Guadeloupe Region under a Public Service Delegation for the design, installation, and operation of the Guadeloupe Numérique submarine cable connecting Guadeloupe to Puerto Rico, Saint Martin, and Saint Barthélemy, with extensions to additional Caribbean islands.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Massy Holdings: Caribbean diversified conglomerate (formerly Neal & Massy) with automotive distribution, retail, and industrial operations across the Caribbean. Comparable in its conglomerate model spanning vehicle distribution and ancillary services across multiple island markets.
• Genuine Parts Company: Largest distributor of automotive replacement parts and industrial components in North America, operating NAPA and other parts networks. Direct comparator for LORET's spare parts distribution business (Mister Auto, Feu Vert, Eurorepar, Opal).
• Groupe Bernard Hayot (GBH): Major French Caribbean diversified conglomerate with parallel automotive distribution, retail, and services operations across Guadeloupe, Martinique, French Guiana, and Réunion. Most directly comparable multi-sector peer given shared geography, family ownership structure, and breadth of verticals.
• LKQ Corporation: Global distributor of aftermarket and recycled automotive parts. Comparable to LORET's spare parts wholesale business given overlapping focus on parts distribution to repair shops, fleets, and retail channels.
• Inchcape plc: Global automotive distributor operating in mature and emerging markets across Asia-Pacific, the Americas, Europe, and Africa. Most direct international peer for LORET's automotive import and distribution business model, though operating at much larger scale.
• Hertz Global Holdings: Global car rental company whose Hertz, Dollar, and Thrifty brands are franchised to LORET Group across the French Caribbean. Direct brand partner and benchmark for LORET's market-leading short- and long-term rental operations.
• Tradewind Aviation: US-based private charter operator specializing in Caribbean routes, including scheduled and on-demand service to St Barthélemy. Closest direct peer to LORET's St Barth Executive VIP charter and inter-island operations.
• Goddard Enterprises Limited: Barbados-based diversified conglomerate with operations across automotive, retail, manufacturing, and services in the Caribbean. Compares with LORET's diversified territorial conglomerate model and family-controlled structure across small island markets.
• Avis Budget Group: Global car rental company operating Avis, Budget, and other brands. Closely comparable to LORET's Hertz/Dollar/Thrifty franchise-based rental business model, including long-term commercial fleet rental.

Broad incumbents

• Liberty Latin America: Telecommunications and broadband operator with cable and fiber networks across the Caribbean and Latin America. Overlaps with LORET's Global Caribbean Network submarine cable business as a broader Caribbean telecom incumbent, though Liberty operates at vastly larger scale across many more markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/groupeloret

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 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 LORET Group