Adenia Partners

Adenia Partners is a private equity firm based in Saint Pierre, Mauritius, founded in 2002. The firm specializes in mid-market investments, targeting promising businesses across various sectors in Sub-Saharan Africa, including agribusiness, manufacturing, financial services, healthcare, consumer goods, and technology. By focusing on these key industries, Adenia Partners aims to foster growth and development in the region's economy. Through strategic investments, the firm seeks to enhance the value of its portfolio companies while contributing to the broader economic landscape in Africa.

Pierre-Alexandre Assou

Investment Associate

Stephane Bacquaert

Managing Partner, Board Member & Investment Committee Member

Charles Boatin

Partner

Florent de Boissieu

Partner

Alexis Caude

Managing Partner & Investment Committee Member

Antoine Delaporte

Founder, Managing Partner & Investment Committee Member

Nnennia Ejebe

Partner

Firdosh Kaudeer

Chief Financial Officer

Elise Lame

Analyst

Evans Miriti

Investment Associate

Martha Osier

Partner

Nelly Pocthier-Peccoz

Investment Associate

Koloina Razafindratsita

Investment Manager

Christophe Scalbert

Partner

Past deals in Mauritius

Ciel

Acquisition in 2013
CIEL Textile Limited, based in Ebène, Mauritius, specializes in the manufacture and sale of knitted and woven garments. Its product range includes shirts for men and women, fabrics, knitwear, T-shirts, polo shirts, sweatshirts, and joggers. The company operates retail outlets and exports its products to various regions, including Mauritius, Madagascar, Asia, and South Africa. Established in 1971 and originally named Floreal Knitwear Limited, it adopted its current name in 2001. CIEL Textile Limited is a subsidiary of CIEL Limited, an investment holding company founded in 1912 that operates across diverse sectors such as textiles, agriculture, and healthcare.

Mauritius Union Group

Acquisition in 2009
The Mauritius Union Group operates within the financial services industry specialising in Insurance, Corporate Pension Schemes, Investment and Loans for both individuals and corporates. Backed by 65 years of experience and the combined expertise of our 5 distinct business entities, the Mauritius Union Group offers customised and tailor-made solutions to suit all your needs.

Newpack

Acquisition in 2008
Newpack SA designs and manufactures corrugated cardboards. It provides regular slotted cartons, trays, top and bottom boxes, pizza and cake boxes, shelf ready packaging, waterproof and cold-proof waxed coated boxes, tailor-made boxes, single sided rolls, and glossy-finish cardboards. The company offers products for farming-food, fruits and vegetables, fresh products and beverage, textile products, soaps, and household products. It serves clients in Madagascar, Mauritius, Seychelles, Africa, Reunion Island, and the Comoros Islands. The company was founded in 1989 and is based in Antanananarivo, Madagascar. It has additional offices in Antsiranana, Madagascar and Pamplemousses, Mauritius.

Execom

Acquisition in 2003
Execom is call center in Mauritius that specializes in telemarketing and customer relationship management solutions. Execom has extensive experience in inbound and outbound operations and delivers value-added services in voice and high-end data operations, focused primarily on the French market.