Page 25 - flipbook-ubp-IR

OUR CORPORATE FINANCIAL PERFORMANCE GOVERNANCE STATEMENTS
2018
The Group restructuring process begins; Gros Cailloux launches its Bio Pesticide; Espace Maison launches its e-commerce website with over 18,000 products.
2017
Sud Concassage Limitée ceases its activities and almost all of its employees are relocated to UBP; Espace Maison renovates its outlets in Trianon, Forbach, Tamarin & Flacq and launches its first mobile app.
2016
Drymix invests in new machinery in Geoffroy to modernise its production process and UBP launches its Smart Blocks range.
2015
UBP builds a new 2,000 m2 warehouse in Roche-Bois; Installation of automatic dosing system for additives; Gros Cailloux launches its vegetable growing activities.
2019
Opening of Espace Maison shop at Beau Vallon.
2020
2022
• In the first quarter of the year, imports from China are delayed due to heavy COVID restrictions and Russia wages war in Ukraine. The combination of which, after two years of pandemic, causes a worldwide ‘cost of living crisis‘ and increased delays in supply chain logistics. Both of which continue to be dominating issues for the remainder of the year, between the scarcity of resources, container vessels , and rising shipping and resource costs, our financial wellbeing is heavily impacted.
• In January – UBP Group takes over the management of Premix.
• In June – An exclusivity agreement is concluded for the acquisition of several companies operating in the same line of business as UBP in Reunion Island. Subsequent to this, a Share Purchase Agreement (SPA) is signed in July 2022, subject to the satisfactory completion of conditions precedent.
The COVID-19 pandemic disrupts the world. Mauritius enters a 2.5-month national lockdown and emerges ‘COVID-safe’ mid-year.
2021
In October 2021: the Group increased its shareholding from 54.6% to 71.8% in Drymix and from 49% to 100% in Premix.
UBP INTEGRATED REPORT 2022
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