Thursday, April 4, 2024 13:30:00

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Who We Are

AT A GLANCE

Every individual within the Group has played a valuable part in making Terra the company it is today. Together, we hope to continue growing our success for generations to come.

+1,100

employees

+2,300

shareholders

MUR

25 Bn

total assets

MUR

1,049.5 M

group profit

7,000

hectares of freehold land

4

sectors of activity

VISION

A vision is what we see when we look ahead. It’s our view of the world as we would like it to be. When we look to the future, we see a world in which Development is Sustainable. Where every individual has the opportunity to succeed, without compromising the needs of the next generation. Where natural resources are used responsibly and efficiently and the ongoing development of society and the environment are kept in balance.

MISSION

A purpose defines why we are here. It’s the raison d’être that motivates the contribution we make towards our vision. Our purpose is to Cultivate Resources for a Better Future. As a diversified investment holding Group, our objective is to maintain sustainability across all sectors. We aim to protect and enhance the resources of our natural and commercial environments, while ensuring the continuing development of the people who inhabit them.

VALUES

respect

tenacity

integrity

passion

innovation

Respect defines the way we relate to people in our Group and the community.
Tenacity encourages us to work towards perfection through every endeavour.
Integrity guides our every action.
Passion gives us the strength and enthusiasm to contribute always with commitment.
Innovation inspires us to advance by taking the initiative.

THE GROUP COMPANIES

LEADERSHIP

Board of Directors

Executive Team

HISTORY

1838

Victor, Pierre and Eugène Harel acquired the sugar estate of Belle Vue in the Pamplemousses district. This acquisition marks the beginning of the Harel Frères group

1915

Acquisition of a majority stake in The Labourdonnais S.E Co. Ltd

1920

Creation of Société Harel Frères by the children of Nemours Harel, son of Victor Harel

1925

Acquisition of Solitude Sugar Estate

1932

Acquisition of shares in the Mauritius OK Distillery Co. Ltd (now Terra Brands Ltd)

1940

Acquisition of The Beau Plan S.E. Co Ltd and La Nouvelle Industrie Limitée

1960

Incorporation of Harel Frères Limited (now Terragri Ltd) and acquisition of the assets of Société Harel Frères

1971

Incorporation of The Mauritius O.K. Bottling Plant Ltd (now Grays)

1979

Manufacturing of the first specialty sugar at Solitude

1990

Introduction of Harel Frères at the Stock Exchange of Mauritius Ltd

1996

Incorporation of Compagnie Thermique de Belle Vue Limitée (now Terragen Ltd)

1997

Investment in Sucrivoire

2001

Incorporation of Sugarworld Ltd

2008

Creation of a Corporate Social Responsibility Committee (CSR)

2009

The Beau Plan Business Park is born under the leadership of Sagiterra Ltée

2010

Amalgamation of The Mount S.E. Co Ltd and The St André S.E. Co Ltd

2012

Rebranding of Harel Frères to become Terra

2013

Terra celebrating 175 years of its origins

2015

Terra listed in the SEMSI

2016

New Terra head office at Beau Plan

2017

Creation of Novaterra

2018

Terra celebrating 180 years

2019

Launch of Beau Plan Smart City