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In Mauritius, we are in the esteemed and humbling position of most people having read or purchased one of our products or services. When you go to a mall, when you look for a restaurant, when you read surveys or exploratory articles, one of our brands is out there.
Starting out with only the two founders in 2015, we are today a diversified portfolio of businesses, regrouped under VENDI Group. Since 2015, the co-founders have established VENDI Group as a leading strategic investment holding company with a portfolio of the largest brands in food service, advisory, manufacturing and media. We identified and seized opportunities to build scale in complex segments where barriers for new entrants are very high. For expansion, certain acquisitions were concluded.
We modernised and improved our products and services, invested in our brands, strengthened our customer and partner relationships and added talent at all levels. We strive on a combination of execution and innovation. Our vision is to be a leader and partner of choice for our stakeholders. To deliver on this vision, we are laser focused on ensuring that our efforts are focused in those areas that will successfully drive long-term value for the Group. To this end, we are implementing a strategy based interdependent priorities to guide the ‘how’ as well as the ‘what’ behind delivery of this vision. We classify them into grow revenue, optimise processes, deliver transformational technology, deliver on client commitments and develop scale-up capabilities.
VENDI Group has built a rich history of setting new benchmarks, entering new segments and driving extraordinary growth. As a responsible employer and a believer in equality, respect and trust, we work with people on their merits, regardless of gender, ethnicity, nationality or disability, to ensure the diversity and inclusivity that is critical to VENDI Group’s sustainable commitment.
VENDI Group maintains the highest standards when it comes to leading the way while applying principles of good governance and regulatory compliance. Through these focused efforts, we remain among the most innovative brands in the market. By the end of 2023, this transformation had created eight consecutive years of growth in revenue, profit, earnings, cash flow and dividends. Although the pandemic presented extraordinary challenges for our business during 2020 and 2021, as it did for the wider world, the choices we made then have created a stronger Group today.
We invest in verticals that have a proven track record of resilience across the economic cycle, with strong growth momentum and attractive cash flow dynamics.
When combining our long-term investment horizon with our decades of investment experience, we recognise that providing future flexibility for our Group is a critical competitive advantage. Therefore, our Group remains flexible to certain exit scenarios, which allows us to minimise exit friction and maximise long-term value creation.
We leverage data to drive strategic advantage in our scale up plans. This allows us to establish deals and apply our proprietary investment analyses based on market and industry trends.
We achieve levels of synergies that go beyond those that could be realised by each of the individual investments of the Group. To be competitive on all fronts, we focus on both soft and hard synergies, including revenue and cost synergies, balance sheet optimisation, talent acquisition, knowledge sharing, and building of new growth capabilities.
Our colleagues are our most important asset. We have over 100 committed and passionate employees who want to make a difference.
Our portfolio of brands provides enjoyment and pleasure for millions of people every day.
We have solid, trusted partnerships with stakeholders, including customers and suppliers across markets.
We have a network of retail outlets and a centralised administrative office to provide high-quality products and services to our consumers.
Our deep knowledge of the various verticals including our consumer insights, helps us to operate responsibly.
We are able to implement a strategy to achieve high margins and strong cash flows to invest and drive returns.
Our team has deep institutional investment and sector knowledge and experience. The fast-paced and dynamic environment in which we operate requires a team with an entrepreneurial spirit focused on the collective success of VENDI Group.
We attract, evaluate and compensate talent with the objective of successfully delivering compounding long-term returns through our investee Companies. As such, we provide our team with opportunities and ambitions for continuous development and personal and professional growth.
The team at VENDI Group and its portfolio of companies, is invested towards the same goals as its shareholders. Invested means personal commitment and being full-on to deliver sustainable results in a fast-paced and highly demanding environment. We have an entrepreneurial, high energy, and high performance culture, with an ambitious and motivated team. A common characteristic in all of us is the aligned focus on creating value for our shareholders and other stakeholders.
