Lagardère Group
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Lagardère SCA | |
Type | Public (Euronext: MMB) |
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Founded | 1996 |
Headquarters | Paris, France |
Key people | Arnaud Lagardère (General partner & CEO) |
Industry | Media and aerospace |
Products | Books, press, distribution, audiovisual and EADS |
Revenue | €9.336 billion EUR (9 months to 30.09.05) |
Employees | 30,580 (2004) |
Website | http://www.lagardere.com |
Lagardère SCA is a large French group of companies, diversified in publishing and aerospace, formerly known as Matra.
Contents |
[edit] Organization
- Media
- Lagardère Media (100%)
- Lagardère Active
- CanalSat (34%)
- Hachette Filipacchi Médias
- Hachette Livre
- Virgin Megastore
- Hachette Book Group USA
- Little, Brown Book Group
- Hachette Distribution Services
- Lagardère Active
- Lagardère Media (100%)
- High Technologies
[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 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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Accor | AGF | Air Liquide | Alcatel-Lucent | Alstom | Arcelor-Mittal | AXA | BNP Paribas | Bouygues | Capgemini | Carrefour | Crédit Agricole | Dexia | EADS | EDF | Essilor | France Télécom | Gaz de France | Groupe Danone | L'Oréal | Lafarge | Lagardère | LVMH | Michelin | Pernod Ricard | PSA Peugeot Citroën | PPR | Renault | Saint-Gobain | Sanofi-Aventis | Schneider Electric | Société Générale | STMicroelectronics | SUEZ | Thomson | Total | Vallourec | Veolia Environnement | VINCI | Vivendi |