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Lagardère Group
Lagardère S.A. (French pronunciation: [laɡaʁdɛʁ]) is an international group with operations in over 40 countries. Based in the 16th arrondissement of Paris, the group was founded and created in 1992 by Jean-Luc Lagardère under the name Matra, Hachette & Lagardère.
Headed by Arnaud Lagardère, it is focused around two main divisions: Lagardère Publishing and Lagardère Travel Retail. While its book and e-publishing division (Lagardère Publishing) includes the major imprint Hachette Livre, its Travel Retail (Lagardère Travel Retail) unit includes store retail, largely in airports and railway stations.
The group's business scope also comprises other activities, mainly including Lagardère News (Le Journal du Dimanche and the Elle brand licence), Lagardère Radio (Europe 1, Europe 2, RFM), Lagardère Live Entertainment (production of concerts and shows and venue management) and Lagardère Paris Racing (sports club).
On November 21, 2023, Vivendi completed the purchase of a majority stake (60%) in Lagardère.
By the following year, Vivendi announced a major breakup of its businesses. As a result, Vivendi's shares in Lagadère were transferred to Louis Hachette Group prior to its listing on December of that year.
The starting point for what would become the Lagardère Group was Louis Hachette's acquisition of Parisian bookstore Brédif in 1826. Hachette published magazines dedicated to public entertainment (Le Journal pour Tous ["Everyone's Newspaper"], 1855) and also took part in publishing the Dictionnaire de la Langue française ("Dictionary of the French Language") with his friend Littré, starting in 1863. In 1953, Hachette launched Le Livre de Poche with Henri Filipacchi.
Created in 1945, Matra (Mechanics/Aviation/Traction) was the company behind several technological projects, including creating a twin-engine aeroplane prototype able to travel at 800 km/h and breaking the sound barrier at Mach 1.4 in vertical flight[clarification needed] for the first time in Europe. In 1990, Matra Espace and the aerospace division of Gec Marconi came together to create Matra Marconi Space. Matra Hautes Technologies joined the aerospace industry and officially became Aerospatiale Matra on June 11, 1999. EADS, or the European Aeronautic Defence and Space Company, later Airbus, was founded on July 10, 2000, from the merger of Aérospatiale Matra SA, Aeronautics SA, and DaimlerChrysler Aerospace AG. It officially launched the A380 program that same year. The aircraft would make its first flight in 2005.
In 1963, Jean-Luc Lagardère was appointed Chief Executive Officer of Matra, with 1,450 employees. In 1981, he became head of Hachette. In 1988, the group acquired Grolier Encyclopedias in the USA, its first overseas acquisition. In 1992, after a major year-long restructuring, Matra Hachette and Lagardère group were created. In 1990, Jean-Luc Lagardère turned to television and became head of La Cinq, which had been suffering from financial problems since it began operations in 1986. The network's financial problems would worsen after Lagardère took control, and La Cinq ultimately ceased operations on 12 April 1992 (it would be replaced by France 5 in late 1994).
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Lagardère Group
Lagardère S.A. (French pronunciation: [laɡaʁdɛʁ]) is an international group with operations in over 40 countries. Based in the 16th arrondissement of Paris, the group was founded and created in 1992 by Jean-Luc Lagardère under the name Matra, Hachette & Lagardère.
Headed by Arnaud Lagardère, it is focused around two main divisions: Lagardère Publishing and Lagardère Travel Retail. While its book and e-publishing division (Lagardère Publishing) includes the major imprint Hachette Livre, its Travel Retail (Lagardère Travel Retail) unit includes store retail, largely in airports and railway stations.
The group's business scope also comprises other activities, mainly including Lagardère News (Le Journal du Dimanche and the Elle brand licence), Lagardère Radio (Europe 1, Europe 2, RFM), Lagardère Live Entertainment (production of concerts and shows and venue management) and Lagardère Paris Racing (sports club).
On November 21, 2023, Vivendi completed the purchase of a majority stake (60%) in Lagardère.
By the following year, Vivendi announced a major breakup of its businesses. As a result, Vivendi's shares in Lagadère were transferred to Louis Hachette Group prior to its listing on December of that year.
The starting point for what would become the Lagardère Group was Louis Hachette's acquisition of Parisian bookstore Brédif in 1826. Hachette published magazines dedicated to public entertainment (Le Journal pour Tous ["Everyone's Newspaper"], 1855) and also took part in publishing the Dictionnaire de la Langue française ("Dictionary of the French Language") with his friend Littré, starting in 1863. In 1953, Hachette launched Le Livre de Poche with Henri Filipacchi.
Created in 1945, Matra (Mechanics/Aviation/Traction) was the company behind several technological projects, including creating a twin-engine aeroplane prototype able to travel at 800 km/h and breaking the sound barrier at Mach 1.4 in vertical flight[clarification needed] for the first time in Europe. In 1990, Matra Espace and the aerospace division of Gec Marconi came together to create Matra Marconi Space. Matra Hautes Technologies joined the aerospace industry and officially became Aerospatiale Matra on June 11, 1999. EADS, or the European Aeronautic Defence and Space Company, later Airbus, was founded on July 10, 2000, from the merger of Aérospatiale Matra SA, Aeronautics SA, and DaimlerChrysler Aerospace AG. It officially launched the A380 program that same year. The aircraft would make its first flight in 2005.
In 1963, Jean-Luc Lagardère was appointed Chief Executive Officer of Matra, with 1,450 employees. In 1981, he became head of Hachette. In 1988, the group acquired Grolier Encyclopedias in the USA, its first overseas acquisition. In 1992, after a major year-long restructuring, Matra Hachette and Lagardère group were created. In 1990, Jean-Luc Lagardère turned to television and became head of La Cinq, which had been suffering from financial problems since it began operations in 1986. The network's financial problems would worsen after Lagardère took control, and La Cinq ultimately ceased operations on 12 April 1992 (it would be replaced by France 5 in late 1994).