Eclosia

What Eclosia does

Eclosia Group is a privately-held Mauritian conglomerate founded in 1966 (per firmographic data, though group history also references a 1990s origin), headquartered at Caudan Waterfront, Port Louis, with operations spanning 10+ countries across the Indian Ocean region (Seychelles, Madagascar, Kenya, South Africa, Rwanda). It is structured in three divisions: Nourish (food production and commerce covering Livestock Feed, Avipro poultry, Maurilait dairy, New Maurifoods, LMLC flour milling, and Panagora distribution, Pick'n'Eat and Chantefrais retail), Serve (logistics via FTL, energy/packaging/recycling via Reneworld solar and PPI cardboard packaging, and Ninety-Six Hotel Collection with four business hotels totalling 367+ rooms), and Nurture (advertising via CIRCUS!, higher education via Charles Telfair Education, and marine conservation via Odysseo Oceanarium and Odysseo Foundation).

The group's revenue is generated through diversified streams: B2B and retail food sales across the Indian Ocean, hotel bookings and conference facilities (450,000+ visitors annually), photovoltaic solar installations (4,500+ completed, 36 B2B projects), corrugated cardboard packaging sales (630,000+ m²/month), advertising agency fees, tuition and programme fees, and oceanarium admissions. Cross-business synergies are a core operating principle — FTL and Panagora distribute internally, CIRCUS! handles group marketing, Reneworld supplies group energy needs, PPI supplies packaging, and Charles Telfair Education plus the Eclosia Graduate Programme develop internal talent.

Customer segments span Mauritian poultry and ruminant farmers, food retailers and supermarkets, business travelers and MICE guests, corporate advertising clients, residential and B2B solar customers, packaging buyers in agri-food/catering/textile/hospitality, students, and conservation stakeholders. Leadership is anchored by Chairman Michel De Spéville, CEO Cédric de Spéville, and a divisional MD structure covering each major subsidiary.

Name

Eclosia

Legal name

Eclosia Group

Website

https://eclosia.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Eclosia Group is a privately-held Mauritian conglomerate operating across food production (Avipro, Maurilait, LMLC), distribution (Panagora), logistics (FTL), hospitality (Ninety-Six Hotels), solar (Reneworld), packaging (PPI), advertising (CIRCUS!), education (Charles Telfair), and marine conservation (Odysseo) across 10+ Indian Ocean countries.

Ownership category

akta.pro rank

Product category

Food Production and Hospitality Conglomerate

NAICS

Poultry and Poultry Product Merchant Wholesalers (42444)

SIC

Food And Kindred Products (2000), Wholesale-Groceries, General Line (5141)

akta.pro primary industry

Meat, Poultry & Seafood Wholesale (AFAIABAF)

akta.pro secondary industries

Refrigerated/Chilled Foods Wholesale (Deli, Prepared, Fresh Pasta, etc.) (AFAIAHAB), Meat, Poultry & Seafood Distribution (CRAOABAC), Chilled/Refrigerated Prepared Meat & Seafood Meals (AFANAFAD)

Keywords

• Poultry production
• Food manufacturing
• Hospitality services
• Sustainable packaging manufacturing
• Renewable energy solutions

Headquarters

HQ city

Moka

HQ country

Mauritius

HQ region

Africa

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Livestock Feed & Poultry Production: Livestock Feed Ltd (LFL) and Avipro produce animal feed and poultry products. Revenue is generated from selling chicks, poultry, and feed to farmers, with distribution across Mauritius and the Indian Ocean region including Rwanda.
2. Food Manufacturing & Processing: Maurilait (dairy), New Maurifoods (processed foods), Les Moulins de la Concorde (LMLC, flour/milling/bakery products), and New Maurifoods produce consumer food products sold through Panagora distribution and retail channels. Products include Régal brand with Nutri-Score labeling.
3. Food & Consumer Goods Distribution: Panagora distributes fast-moving consumer goods (FMCG) and food products across Mauritius, operating as a wholesale distributor. Pick'n'Eat and Chantefrais operate retail food stalls/outlets. Revenue from markup on goods distributed plus volume-based terms with suppliers.
4. Hotel & Hospitality Management: Ninety-Six Hotel Collection (formerly Indigo Hotels) operates four business hotels in Mauritius (Labourdonnais Waterfront Hotel, Le Suffren Hotel & Marina, Hennessy Park Hotel, Address Boutique Hotel & Residences) with approximately 367 rooms. Revenue from room bookings, conference facilities, dining, wellness services (I Spa), and events.
5. Integrated Advertising & Communication Services: CIRCUS! is an integrated communication agency offering brand strategy, digital solutions, social media, PR, advertising, design, and 360 media strategy. Revenue from client fees and project-based contracts. Also operates co-working space 15/03 generating rental income.
6. Solar Energy Solutions (B2B & Residential): Reneworld sells and installs photovoltaic solar systems to individuals and businesses, providing end-to-end solar solutions including maintenance contracts.
7. Sustainable Packaging Manufacturing: PPI Packaging sells corrugated cardboard boxes and sheets to clients across agri-food, catering, textile, and hospitality industries. Customised by size, shape, quantity, print, and cutout.
8. Logistics & Freight Services: FTL (Freight & Transit Co. Ltd) provides logistics and freight services. In Rwanda, LFL RSA celebrated 15 years of operations under African skies.
9. Education & Training Services: Charles Telfair Education (CTE) operates higher education programmes, student clubs, career fairs, and leadership training including the Leadership Challenge Programme (16th edition) and LEAD programme. Revenue from tuition and programme fees.
10. Ocean Conservation & Marine Education: Odysseo Oceanarium educates visitors on marine biodiversity. Odysseo Foundation conducts marine conservation (coral restoration, mangrove protection, seagrass). Also runs Odysseo @ the Schools reaching 2,228 students. Revenue includes visitor admissions and grant funding for conservation programmes.

Go-to-market motion1 record

Distribution channels7 records

Marketing channels6 records

Core offering

Eclosia Group is a diversified Mauritian conglomerate that produces and supplies poultry, dairy, flour, bakery, and processed food products (through Avipro, Maurilait, New Maurifoods, LMLC, and Livestock Feed); distributes FMCG and food items via Panagora and retail outlets Pick'n'Eat and Chantefrais; operates four business hotels under Ninety-Six Hotel Collection; provides logistics and freight services through FTL; manufactures sustainable corrugated cardboard packaging at PPI; installs photovoltaic solar systems via Reneworld; delivers integrated advertising and communications through CIRCUS!; runs higher education programmes at Charles Telfair Education; and operates the Odysseo Oceanarium and Odysseo Foundation for marine conservation education.

Product overview

Eclosia Group is a diversified Mauritian conglomerate structured across three divisions. The Nourish division encompasses production brands (Livestock Feed, Avipro, New Maurifoods, Maurilait, LMLC) and commerce brands (Panagora, Chantefrais, Pick'n'Eat) covering the food value chain from feed and farming through to consumer distribution. The Serve division provides B2B services including logistics (FTL), sustainable packaging (PPI), solar energy solutions (Reneworld), and hospitality (Ninety-Six Hotel Collection with four business hotels). The Nurture division offers business advice and support (CIRCUS! advertising agency, Angel Fund venture investment, Business Services), higher education (Charles Telfair Education), and marine conservation (Odysseo oceanarium and Odysseo Foundation). The portfolio spans over 10 countries in the African region.

Differentiator

Problem solved

Functional benefit

Products and services

• Livestock Feed (LFL)
• Avipro
• New Maurifoods
• Maurilait
• Les Moulins de la Concorde (LMLC)
• Panagora
• Chantefrais
• Pick'n'Eat
• FTL (Freight & Transit Co. Ltd)
• PPI Packaging
• Reneworld
• Ninety-Six Hotel Collection
• CIRCUS!
• Charles Telfair Education
• Odysseo Oceanarium
• Odysseo Foundation Coral Restoration Programme

Quantifiable outcome

• 2,228 students educated on ocean protection across 49 ZEP schools in Mauritius and Rodrigues
• +5 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

18 partnerships are on record, tiered core and minor.

• Australian High Commission in Mauritius / Australian AidcoreStrategic or Co-development Partner · 1 January 2025The Odysseo Foundation received support from the Australian High Commission in Mauritius and Australian Aid for the Odysseo @ the Schools programme, which educated 2,228 students across 49 ZEP schools in Mauritius and Rodrigues on ocean conservation.
• SECORE InternationalcoreStrategic or Co-development Partner · 1 January 2024Partnership with SECORE International (led by Dirk Petersen) for coral restoration in the Western Indian Ocean. In 2024, US$1.4 million was secured to launch a coral propagation programme using sexual reproduction techniques, in collaboration with Odysseo General Manager Stéphane Robert, University of Mauritius, and ECOSUD. Bernardo Nascimento played a key role in developing this partnership. Coral restoration results include 30,000 larvae reared and transferred into 400+ seeding units at Flic-en-Flac and Belle Mare.
• University of MauritiuscoreStrategic or Co-development Partner · 1 January 2024University of Mauritius is a regional partner in the coral restoration project with SECORE International and ECOSUD, contributing to the US$1.4 million Western Indian Ocean conservation initiative.
• ECOSUDcoreStrategic or Co-development Partner · 1 January 2024ECOSUD is a regional partner in the coral restoration project in the Western Indian Ocean, collaborating with Odysseo, SECORE International, and the University of Mauritius on the US$1.4 million marine conservation initiative.
• Odysseo OceanariumcoreOthersOdysseo Oceanarium is an Eclosia subsidiary and part of the Nurture (education) vertical. It has established partnerships with the University of Mauritius, Mauritius Oceanography Institute, Mauritius Wildlife Foundation, Ebony Forest, and SECORE International for research and conservation.
• Mauritius Oceanography Institute (MOI)coreStrategic or Co-development PartnerThe Centre of Ocean and Earth Science and Technology (COEST) at Curtin Mauritius collaborates with the Mauritius Oceanography Institute, enabling MOI researchers to use acoustic monitoring tools for marine studies.
• Mauritius Wildlife Foundation (MWF)coreStrategic or Co-development PartnerCOEST at Curtin Mauritius works with Mauritius Wildlife Foundation on various marine and terrestrial conservation projects, complementing Odysseo's marine ecosystem protection work.
• Ebony ForestcoreStrategic or Co-development PartnerCOEST collaborates with Ebony Forest on conservation projects related to environmental protection and biodiversity in Mauritius.
• COEST / Curtin MauritiuscoreStrategic or Co-development PartnerThe Centre of Ocean and Earth Science and Technology (COEST) operates at Curtin Mauritius, formerly Curtin University Mauritius. COEST uses underwater acoustic technology for marine conservation, port monitoring, offshore industry advisory, and climate research (Antarctic ice monitoring). Led by Prof. Christine Erbe.
• Association of Mauritian Manufacturers (AMM)minorStrategic or Co-development PartnerLFL partnered with AMM alongside FTL and Panagora at a farmer seminar to address rising raw material costs, currency fluctuations, and food security concerns facing Mauritian poultry and ruminant farmers.
• Safire NGOminorStrategic or Co-development PartnerAvipro and Eclosia Solidarité invested Rs 1.3 million in the Safire educational farm project in Verdun, Mauritius. The project trains street children (12-16 years old) in poultry farming, with 300 eggs sold daily enabling NGO self-sufficiency. Avipro trained the children and involved retirees for knowledge transfer.
• FTL (Freight & Transit Co. Ltd)coreOthersFTL is an Eclosia subsidiary operating logistics and freight services across Mauritius and the region. LFL partnered with FTL at the farmer seminar on food security. FTL RSA in South Africa celebrated 15 years of operations in 2025.
• WeCyclersminorStrategic or Co-development PartnerWeCyclers operates cardboard collection using cargo bikes across Rose-Hill, Vacoas, and Quatre-Bornes in Mauritius. An initiative supporting recycling and circular economy objectives.
• La DéchetèqueminorStrategic or Co-development PartnerLa Déchetèque's 'Kase Ranze' circular economy project is supported by Eclosia's Angel Fund, advancing waste reduction and circular economy initiatives in Mauritius.
• Trash to MusicminorStrategic or Co-development PartnerAssociation that transforms waste materials into musical instruments, partnered with Odysseo Foundation for the Odysseo @ the Schools programme, demonstrating to students how waste can be transformed into valuable items.
• The Hive WorkplaceminorImplementation/ SI/ Consulting PartnerThe Hive Workplace assisted CIRCUS! in designing and marketing the 15/03 co-working space, defining space layout strategy and marketing positioning. CIRCUS! transformed vacant office space into a hybrid flexible workspace.
• Phoenix BeveragesminorStrategic or Co-development PartnerParticipated alongside Avipro, New Maurifoods, Panagora, and Maurilait in the 'Keeping Our River Clean' initiative that removed 2.8 tonnes of waste from Rivière Sèche.
• Fondation SolidaritécoreOthersEclosia Solidarité / Fondation Solidarité supports social initiatives including the Georges Charles greenhouse with FTL, the Safire NGO farm project, and various community engagement programmes. Jean-Paul Hennequin manages the foundation.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Sun Resorts: Sun Resorts operates luxury resorts in Mauritius and the Indian Ocean region under brands including Sugar Beach, La Pirogue, and Long Beach. As a Mauritian-based hotel competitor in the same geography, it is comparable to Ninety-Six Hotel Collection though more leisure-segment oriented.
• Beachcomber Resorts & Hotels: Beachcomber Resorts & Hotels is a leading Mauritian hotel group operating four-star and five-star resorts across Mauritius and other Indian Ocean destinations. Comparable to Eclosia's Ninety-Six Hotel Collection in the Mauritian hospitality market, though focused on leisure rather than business travel.

Direct peers

• RCL Foods: RCL Foods (parent of Rainbow Chicken) is a South African food group spanning poultry, sugar, milling, and baking. Its multi-category food portfolio with significant poultry exposure aligns with Eclosia's Nourish division structure and African regional focus.
• Terra Mauricia: Terra Mauricia is a Mauritian conglomerate with interests in sugar, agriculture, real estate, and energy. Its food/agriculture production roots and Mauritian-listed conglomerate structure provide a direct comparable for Eclosia's food-led diversification model.
• Country Bird Holdings: Country Bird Holdings is a South African poultry group with operations across broiler production, feed milling, and value-added chicken products. Its vertically integrated African poultry model is closely comparable to Avipro's operations in Mauritius, Kenya, and Madagascar.
• Astral Foods: Astral Foods is South Africa's largest poultry producer, operating integrated broiler and feed operations. Its vertically integrated poultry model (feed, broiler production, processing) directly mirrors Eclosia's Avipro/Livestock Feed/Panagora stack, providing a regional benchmark.
• IBL Group: Ireland Blyth Limited is one of the largest Mauritian conglomerates, operating across food production, logistics, financial services, hospitality, and real estate. Its diversified structure, regional footprint, and B2B food distribution activities make it the closest structural comparable to Eclosia.
• CIEL Group: CIEL Limited is a Mauritian conglomerate with diversified interests across textiles, financial services, agro-industry, and property. Its diversified Mauritian holding company structure and regional African operations make it a comparable diversified group to Eclosia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/eclosia.mauritius

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries15 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 Eclosia