Louis Hachette Group

Louis Hachette Group S.A.
Company typePublic
Euronext ParisALHG
IndustryPublishing, Media, Travel Retail, Live Entertainment, Sports club
PredecessorsVivendi
Founded1826; 198 years ago (1826) (as Hachette)
October 29, 2024; 54 days ago (2024-10-29) (ad Louis Hachette Group)
FounderLouis Hachette
Headquarters,
France
Area served
Worldwide
Key people
Jean-Christophe Thiery (CEO)
Yannick Bolloré (director)
Grégoire Castaing (deputy CEO)
RevenueIncrease 8.3 billion[1] (2023)
OwnerBolloré family (31.4%)
Number of employees
32,500 (2024)[2]
SubsidiariesLagardère (66.53%)
Prisma Media
Websitewww.louishachettegroup.com

Louis Hachette Group S.A., abbreviated as LHG, is a French conglomerate specialising in publishing, periodicals, media and distribution, with its origins in the Hachette bookshop founded in 1826. Louis Hachette Group is controlled by French businessman Vincent Bolloré.[3]

Formed from the spin-off of Vivendi in December 2024, the new independent entity holds nearly 66.5 percent of the Lagardère group (Hachette Livre, Larousse, Fayard, Relay, Le Le Journal du dimanche, Europe 1, etc.) as well as 100% of the French press group Prisma Media (Voici, Femme Actuelle, Geo (France), Télé-Loisirs, Capital, etc.).[4]

France's leading publisher since 2004 and the world's 6th largest publishing group, Louis Hachette Group has its origins in the Hachette publishing group, founded by Louis Hachette in 1826 after the purchase of the Parisian bookshop Brédif.[5][6]

History

In December 2023, Vivendi announced that it was carrying out a feasibility study into a plan to split its activities into 4 entities: Canal+, Havas, a publishing and distribution company (combining Lagardère and Prisma Media), and an investment company.[7]

On 29 October 2024, the new Louis Hachette Group was created as a publishing and distribution company, leaving Vivendi as an investment company. On 30 October 2024, Vivendi and the new Louis Hachette Group entity entered into a partial demerger agreement, enabling LHG to hold a 66.53% stake in Lagardère and a 100% stake in Prisma Media in the event of a favourable vote by Vivendi shareholders.[8][9]

The company started trading at Euronext Paris on 16 December 2024, the shares were trading at 1.42 euros on that day, up 18% on the opening price.[10]

Activities

The future activities of Louis Hachette Group will be carried out by two main entities:

Shareholders

At 10 December 2024, after the partial demerger of Vivendi:[11]

Bolloré family (Bolloré, Compagnie de l'Odet, Vincent Bolloré, Cyrille Bolloré and Sébastien Bolloré) 31.04 %
Vivendi 0.02 %

References

  1. ^ MarketScreener (17 December 2024). "Louis Hachette S A : Shares start trading in Louis Hachette Group, leader in publishing, travel retail and media in France and abroad - MarketScreener". www.marketscreener.com. Retrieved 18 December 2024.
  2. ^ MarketScreener (17 December 2024). "Louis Hachette S A : Shares start trading in Louis Hachette Group, leader in publishing, travel retail and media in France and abroad - MarketScreener". www.marketscreener.com. Retrieved 18 December 2024.
  3. ^ "Le groupe Bolloré veut créer Louis Hachette Group, une holding pour ses activités d'édition". Livres Hebdo (in French). Retrieved 31 October 2024.
  4. ^ "Le Conseil de surveillance de Vivendi arrête les résolutions de scission du groupe qui seront soumises aux actionnaires le 9 décembre 2024". live.euronext.com. Retrieved 31 October 2024.
  5. ^ Milliot |, Jim. "RELX Remained the World's Largest Publisher in 2020". PublishersWeekly.com. Retrieved 31 October 2024.
  6. ^ Mollier, Jean-Yves (1999). Louis Hachette, 1800-1864 : le fondateur d'un empire. Paris: Fayard. p. 130-135. ISBN 2-213-60279-4.
  7. ^ "Vivendi envisage finalement une scission en quatre entités". Les Echos (in French). 30 January 2024. Retrieved 25 June 2024.
  8. ^ AGEFI. "Vivendi détaille son projet de scission avant l'assemblée générale du 9 décembre". lesechos.fr (in French).
  9. ^ Zonebourse (30 October 2024). "Vivendi : Avis de scission partielle Vivendi – Louis Hachette Group - Zonebourse". www.zonebourse.com (in French). Retrieved 31 October 2024.
  10. ^ Nostro, Gianluca Lo; Marchandon, Leo; Loève, Florence (16 December 2024). Nissi, Milla (ed.). "Canal+ falls, Havas and Louis Hachette up on market debut post Vivendi split". Reuters. Retrieved 16 December 2024.
  11. ^ Louis Hachette Group (7 November 2024). "Information Document - Admission to listing and trading of all ordinary shares on Euronext Growth (Paris)" (pdf). louishachettegroup.com. Retrieved 10 December 2024.

See also

Strategi Solo vs Squad di Free Fire: Cara Menang Mudah!