Lagardère Group

Lagardère SCA is a large French group, which is engaged in publishing and in the aircraft and aerospace industry. She was formerly known under the name of armaments and aircraft company Matra.

Organization

Media

The 100 % owned by the Lagardère SCA located Lagardère Media bundles the media activities of the Group, which are divided into several sections:

• Lagardère Publishing (formerly Hachette Livre ): largest book publisher in France; In addition, numerous worldwide subsidiaries or investments, such as at the Time Warner Book Group
• Lagardère Active Media: combined the activities of two formerly separate divisions in the fields of audiovisual and new media: Lagardère Active: various subsidiaries and interests in TV and radio stations (including CanalSat: 34%, Europe 1: 100%, Gulli, Groupe MCM ) and Internet agencies
• Hachette Filipacchi Médias: press products, the world's largest magazine publisher, 50 magazines in France, including Paris Match, the French edition of Elle magazine, Photo, minority interests in the newspaper L' Humanité, the group Nouvelles Messageries de la Presse Parisienne ( NMPP, 49 % ) and at the press group Editions Philippe Amaury, which publishes Le Parisien and L' Equipe; other subsidiaries, inter alia, in the United States, Japan, Hong Kong, Russia, Italy, Spain and the Netherlands

Aerospace

• EADS ( 15.1%) held by Désirade and SOGEADE

Management

• Jean -Luc Lagardère (1928-2003), former CEO
• Arnaud Lagardère ( b. 1961 ), his son, current CEO

History

On September 24, 1980 Lagardère was registered as a holding company. Matra was privatized in 1988, with Lagardère received 6 % of the share capital and its share in 1992 increased to 25%. The Group was radically restructured in December 1992:

• Lagardère acquires Arjil, the former parent company.
• Lagardère Capital shares in Matra from Floirat, Daimler -Benz and GEC, and the holding company of Hachette, Marlis of Floriat, Crédit Lyonnais and Aberly.
• Matra and Hachette were merged to form Matra Hachette, of the Lagardère held 37.6%.
• Lagardère form of society were of a Société Anonyme (SA, German Aktiengesellschaft, AG ) to a société en commandite par actions ( SCA German partnership limited by shares, KGaA).

Following a share swap in 1994 Lagardère held 93.3 % of the share capital of Matra Hachette. 1996 Matra Hachette was merged into Lagardère. 1999 Matra Hautes Technologies merged with French aircraft manufacturer Aerospatiale Aerospatiale -Matra. On 10 July 2000, Aérospatiale -Matra part of EADS, what Lagardère holds a 15.1%.

On 23 October 2002 Lagardère announced the acquisition of Vivendi Universal Publishing, with the exception of Houghton Mifflin, which was renamed in Editis 2003. The agreements with the European Union following had to part with 60 percent of its shares in Lagardère Editis. On 27 May 2004, the Wendel Investissement offered the acquisition of 60 percent stake in Editis. On 6 February 2006, the Groupe Lagardère announced the acquisition of Time Warner Book Group for U.S. to $ 537.5 million. Thus, it was the third largest publishing group in the world.

In November 2007, the Lagadère Sports Group took over the German sports organizers and marketing company Upsolut Sports from Hamburg ( among other organizers of Vattenfall cyclassics and owner of the exploitation rights in merchandising for the brands of FC St. Pauli ).

Lagardère is listed on the Euro Next Paris Stock Exchange and is one of the French stock market index CAC40 on. In addition to Arnaud Lagardère, the family de Wendel is one of the major shareholders.

In April 2013, Lagardère disposed of its entire 7.5 % shares in EADS.