By Lakshaa Puran
The APTIS Group hosted its first Leadership Meet & Greet, bringing together its leadership team and members of the media for a discussion centred on the Group’s history, business activities and ambitions. The event reflects the Group’s desire to raise awareness of APTIS and the thinking that has guided its development over the years.
A Mauritian family-owned group founded by Jean-Pierre Mamet, Founding Chairman, and Sabbi Appanna, Chief Financial Officer, APTIS has grown steadily through acquisitions and the identification of opportunities across various sectors of the economy. Today, the Group brings together eight companies across five strategic clusters: Distribution, Trade & Industry, Real Estate, Services and Investments. Its story began in 2009 with TNS Tobacco, followed by its first diversification into energy distribution with RACSO in 2015, and subsequently into industry and manufacturing with Resiglas. The APTIS Group took shape in 2019 and has continued to expand through the integration of L’Artigiano, Navitas, BARNES, Ocealys and Domino’s Pizza, with Bigarade sur Mer more recently joining the portfolio as a strategic investment.
At the helm of the Group is Oscar Mamet, Group CEO, supported by a leadership team comprising Sabbi Appanna, Chief Financial Officer; Régine de Ravel, Group HR Manager; Karen Sarah, Group Marketing & Communication Manager; Vincent Frédéric, Group IT & Innovation Manager; Jean Alain Mamet, Managing Director of RACSO; Fabien Harel, Managing Director of Resiglas; Daniela Quaranta, Chief Executive Officer of L’Artigiano; Sébastien Giraud, Chief Operations Officer of L’Artigiano; Julien Rey, Chief Executive Officer of Navitas; and François Colin, General Manager of BARNES.
The Group’s businesses did not originate from a single sector; rather, they have been built progressively by identifying opportunities across diverse fields, including distribution, industry, professional services, real estate and gastronomy. “APTIS has been built by moving forward, observing the evolution of our economy and seeking to seize the opportunities we believe are relevant. This approach requires us to remain close to the ground, understand the businesses we bring into the Group and give them the means to continue progressing. We firmly believe in Mauritius’ potential and in the ability of its entrepreneurs to create new businesses and new drivers of growth,” says Oscar Mamet, Group Chief Executive Officer of APTIS.
This philosophy is rooted in the Group’s own history: “We didn’t start with a grand plan – we built one step at a time.”
A Diversified Portfolio with a Common Purpose
The APTIS Group currently employs more than 300 people and comprises eight companies across five clusters, generating revenue of Rs 8.6 billion for the 2025 financial year. Among the Group’s principal businesses, TNS Tobacco manages the exclusive importation and distribution of British American Tobacco brands in Mauritius. RACSO operates in fuel and LPG distribution, as well as fleet management solutions. Resiglas, with more than 68 years of expertise, specialises in the manufacture of fibreglass, polyethylene and acrylic products. L’Artigiano has spent the past 13 years developing a specialised offering centred on Italian gastronomy. The Group is also active in corporate, accounting and tax services through Navitas; luxury real estate through BARNES; and holiday rentals through Ocealys in Belle Mare. Bigarade sur Mer in Rodrigues and Domino’s Pizza complete the portfolio as strategic investments within the APTIS Group.
Behind this diversity, the Group seeks to maintain a shared culture founded on entrepreneurship, close relationships and trust. Its model is built around a human-scale organisation in which everyone’s contribution matters and leadership remains closely connected to the day-to-day realities of its businesses. For Régine de Ravel, Group HR Manager, this emphasis on human connection is central to attracting and retaining talent in an increasingly competitive employment market. She highlights the importance of looking beyond remuneration and creating an environment in which people feel valued, respected and able to build a future. “Our business culture is one of the strengths we can build on. Proximity, human connection and respect for people are important not only in the way we work together, but also in how we attract and retain talent,” she explains.
Régine de Ravel also points to the wider challenges facing the labour market, from skills shortages and recruitment difficulties to an ageing population and the departure of skilled professionals. While recruiting locally remains a priority, she believes businesses must continue to explore ways of developing talent, strengthening links with educational institutions and making the most of the skills available both in Mauritius and among the diaspora.
A New Chapter Led by a New Generation
The Leadership Meet & Greet also provided an opportunity to present the vision of the new generation of leaders at the APTIS Group, with Oscar Mamet at its helm. This new chapter is guided by a roadmap extending to 2030, which includes planned investments of Rs 1.5 billion, the consolidation of the Group’s various clusters and the ambition to achieve more than Rs 500 million in profit after tax. The Group also aims to strengthen its position as an employer of choice in Mauritius and foster an organisational culture built more strongly around human connection. To support this ambition, APTIS has developed a Graduate Programme that enables recent graduates to discover the Group’s various subsidiaries before making a final career choice, giving them exposure to its different business activities. The strategy is built around five pillars: financial growth, fairness in remuneration and people development, a culture of connection, and excellence in leadership and governance.
For APTIS, delivering on these ambitions also means remaining adaptable in a changing economic environment. Oscar Mamet explains that the Group has a five-year vision and investment plan, but that its leadership team regularly revisits its priorities to respond to changing international conditions. “We have a clear vision for the years ahead, but we also recognise that the economic environment can change. We regularly bring our leadership team together to review our strategy, adapt our approach where necessary and make sure we continue moving in the right direction,” he says. Despite this uncertainty, Oscar Mamet remains confident in the Group’s future and its ability to continue investing. For him, the challenges facing businesses can also create opportunities for those prepared to adapt and look ahead. However, he identifies human capital as one of the most pressing issues facing the Group and the wider economy.
Technology is another area in which APTIS is preparing for the future. Vincent Frédéric, Group IT & Innovation Manager, says the Group is exploring the potential of artificial intelligence while taking a measured approach to its adoption. Internal training and guidelines are part of this process, alongside a focus on data privacy and cybersecurity. “The objective is not to adopt artificial intelligence simply because it is a trend, nor to replace everything we do. It is about understanding where these tools can genuinely help us optimise our work and deliver greater value to our clients, while ensuring that data security remains a priority,” Frédéric explains.
For APTIS, this next phase is intended to support continued growth while remaining true to the principles that have defined its journey from the outset: the ability to look beyond established models, identify opportunities across different sectors and build, acquisition by acquisition, a family-owned business deeply rooted in the Mauritian economy.
Quote from Oscar Mamet | CEO
“We have chosen to build the APTIS Group by seizing opportunities as they arise, rather than following a predefined model. Every business we have integrated into the Group has brought us expertise, teams and a new understanding of a particular sector. In turn, we serve as a catalyst for their growth. Today, our responsibility is to keep looking ahead with the same entrepreneurial curiosity, while remaining deeply committed to Mauritius and to what we can build here.”
