The LORET Group was founded in Guadeloupe in the 1960s starting with automobile distribution, which remains one of the major sectors of its activity. Very quickly, the Group developed in other overseas regions with the desire to offer choice and competition in sectors that were still monopolistic for the most part: air transport, environment, consumer credit, maritime transport, and telecommunications.
Today, the Group is concentrating on its automotive and parts business. The ambition is to occupy a leading position in terms of market share, sector expertise and quality of service. This involves the sale of new and used vehicles, short and long term car rental, the sale of commercial and industrial vehicles and also spare parts.
After ambitious and successful telecom developments, we have now sold (3000km fiber optic submarine cable, in conjunction with the development of a leading triple play ADSL operator), the LORET Group remains, through its subsidiary Global Caribbean Networks, the operator of the submarine cable “Guadeloupe Numérique”, within the framework of a public service delegation of the Regional Council of Guadeloupe.
The Group has been developing high-end regional air transport activity for the past two years, with its subsidiary ST BARTH EXECUTIVE obtaining its Air Transport Certificate in early January 2019.
Finally, the LORET Group, aware of its social and environmental obligations, has remained committed to support projects that contribute to the accessibility and economic development of the regions in which it operates. It intends to become a key player in electric mobility and ensure energy transition in its businesses.
293.6 M€ turnover
7,895 new vehicles sold (Peugeot, Citroën, DS, Kia, MG, Iveco, Renault Trucks)
Fleet of 2500 vehicles in LCD
Fleet of 2700 vehicles in leasing
Fleet of 3 Pilatus PC-12
Import and distribution
Industrial vehicles and parts