This factory operated for almost a century, while belonging to the same family of wealthy owners, the
Le Coat de Kerveguen.
At the end of the 19th century, they owned a very large amount of land cultivated with sugar cane on the island, in competition with the Crédit Foncier Colonial. This banking establishment, managed from Paris and represented locally by a shareholder, had received a large stock of factories and land through bankruptcy from other landowners and industrialists.