Bourbon (group)
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Bourbon (group)

Bourbon is a shipping company based in Marseilles, France. The company operates in the field of surface and submarine maritime services, on oil, gas and wind farms. Bourbon has a total of 6,820 employees[as of?] across more than 30 countries.

Bourbon's activity revolves around 4 businesses:

In 1948, the Bourbon Group was born from the merger of several family companies on the island of Reunion, with a view to reviving the local sugar industry, under the name of Sucreries de Bourbon. It was then directed by Émile Hugot. Its markets were sugar and rum for metropolitan France.

In 1989, the group diversified, first in La Réunion, into industrial fishing (1989), mass distribution (1991) and dairy products (1992).

Subsequently, via its Vindémia subsidiary, Bourbon established the Score supermarket chain in the Indian Ocean and in Vietnam

Then, the group continued its diversification in mainland France with the acquisition of 50% of Compagnie Chambon (Marseilles) in 1991, taking control of the company Surf. The group then expanded into offshore oil and gas maritime services, by acquiring the companies Les Abeilles (towage) and Setaf-Saget (solid bulk transport) in 1996. In 1998, the Bourbon Group went public, on the Second Market of the Paris Stock Exchange.

The group separated from its historical activities between 2001 and 2002 and accelerated its refocusing on maritime services by positioning itself with, from 2003, on deep offshore maritime services in Brazil and West Africa and in 2004 on subsea operations by acquiring the company Gaia Enterprise, which a year later became Bourbon Offshore Gaia.

In October 2003, Bourbon entered the capital[clarification needed] of Naïade Resorts, a group managing the hotels Les Villas du Lagon, Les Villas du Récif and Les Créoles. In August 2007, the group resold its shares to shareholders of the hotel group.

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