CIEL group

floreal knitwear building

Floreal Knitwear Ltd is a subsidiary company of CIEL Textile, a world-class multiproduct textile and clothing group leader in the Sub Saharan African Region, with over 30 million garments exported per year. Its operational subsidiaries are vertically integrated, from yarn spinning to finished products, to produce knitwear, fine knits and woven garments. Based in Mauritius with production premises in Mauritius, Madagascar, India and Bangladesh, CIEL Textile is able to compete with  renowned international  manufacturers and to  move  towards  the  upper  segment  of  the  market.

Furthermore, CIEL Textile is one of the clusters around which the CIEL Group is structured; With a EUR 292 million turnover as at 30th June 2011, a EUR 37.5 million profit before tax deduction and a workforce of 22,000 employees, the CIEL Group is one of the leading industrial and investment groups, based in Mauritius,with operations in a number of African and Asian countries. The core activities of the Group are textiles, financial services and investment, tourism, property development and sugar.

floreal knitwear interiorThe Group has three separate entities, namely, CIEL Textile, CIEL Investment and its associated company, Alteo Limited:

  • CIEL Textile has developed into a regional one-stop shop for  textiles, with vertically integrated business units and a production reaching 29 million garments annually.
  • With a portfolio of investments worth EUR 126m, CIEL Investment is an investment company with focused interests in various operating sectors of the Mauritian economy such as tourism, leisure, financial services, investment, property and healthcare.

Alteo Limited, a multi-sector investment group, aims to be a regional leader, not only in the cane industry, but across a business mix that spans renewable energy production, sustainable  property development and the leisure and hospitality industries.

For more information about CIEL Group and its other clusters, please visit their website http://www.cielgroup.com