Lagardère Group

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Lagardère SCA
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 €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

[edit] Management

[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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