Lagardère Group
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| Lagardère SCA | |
|---|---|
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| Type | Public (Euronext: MMB) |
| Founded | 1996 |
| Headquarters | Paris, France |
| Key people | Arnaud Lagardère (General partner & CEO) |
| Industry | Media and aerospace |
| Products | Books, press, distribution, audiovisual and EADS |
| Revenue | ▲ €13,999 billion EUR(2006) |
| Employees | 30,580 (2004) |
| Website | http://www.lagardere.com |
Lagardère SCA is a French conglomerate formerly known as Matra, with holdings in publishing, retail, media, and aerospace.
Contents |
[edit] Organization
- Media
- Lagardère Media (100%)
- Lagardère Active
- CanalSat (34%)
- Hachette Filipacchi Médias (the world's largest magazine publisher)
- Hachette Livre
- Virgin Megastore
- Hachette Book Group USA
- Little, Brown Book Group
- Hachette Distribution Services
- Lagardère Active
- Lagardère Media (100%)
- High Technologies
- EADS (15.1%) held through Désirade.
[edit] Management
- Jean-Luc Lagardère, former CEO, now deceased
- Arnaud Lagardère, his son, current CEO
[edit] History
Lagardère was incorporated on September 24 1980 as a holding company.
Matra was privatized in 1988, with Lagardère holding 6% of the stock and by 1992, 25%. In December 1992 the group was radically restructured:
- Lagardère absorbed Arjil, its parent company;
- Lagardère received shares in Matra (from Floirat, Daimler Benz and GEC) and the holding group of Hachette, Marlis (from Floirat, Crédit Lyonnais and Aberly);
- Matra and Hachette were merged to form Matra Hachette, of which Lagardère held 37.6%;
- Lagardère's legal status was changed from a corporation (société anonyme or SA) to a limited partnership with shares (société en commandite par actions or SCA).
Following a share swap in 1994 Lagardère held 93.3% of Matra Hachette’s stock. In 1996 Matra Hachette was formally merged into Lagardère.
In 1999 the defence arm, Matra Hautes Technologies, merged with Aérospatiale to form Aérospatiale-Matra. On July 10, 2000 Aérospatiale-Matra became part of EADS.
On 23 October 2002 Lagardère announced the purchase of Vivendi Universal Publishing, with the exception of Houghton Mifflin.
[edit] See also
[edit] External links
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