Groupe Madrigall

Groupe Madrigall[lower-alpha 1] is a French publishing holding company. It is the parent company of several publishing houses and distribution companies including: Éditions Gallimard, Flammarion and Casterman.[2] Groupe Madrigall is the third largest French publishing group.[3]

Groupe Madrigall
TypeSociété anonyme
IndustryPublishing
Founded1992 (1992)
Headquarters
Paris
,
France
Key people
Antoine Gallimard
Websitegallimard.fr/Le-groupe-Madrigall

History

Groupe Madrigall[4] is a holding company founded in 1992.[5] It is controlled by Antoine Gallimard, director of Éditions Gallimard, and his sister Isabelle Gallimard, director of Mercure de France. Groupe Madrigall took over a majority share in Éditions Gallimard in the late 1990s. At the end of the 1990s, the Gallimard family repurchased shares from two of the company's three main corporate shareholders, namely the Italian publisher Einaudi (then owned by the holding company of Silvio Berlusconi, Fininvest via Arnoldo Mondadori Editore) and the French media agency Havas. Havas was forced to sell its shares after it was ruled that Havas's merger with Vivendi rendered it a direct competitor. As a result, Madrigall had a 60 percent majority holding in Éditions Gallimard. In January 2003, Madrigall repurchased the Gallimard holdings of five other outside shareholders for €92,000,000. As a result, Madrigall had a 98 percent majority holding.[6]

In September 2012, Madrigall acquired Groupe Flammarion, previously owned by the Italian RCS MediaGroup, for €251,000,000.[7]

In October 2013, the French conglomerate LVMH acquired a stake of up to 9.5% in Groupe Madrigall to the tune of €30,000,000, in particular to pay off Groupe Madrigall's debt after the purchase of Flammarion in 2012.[8]

Structure

Footnotes
  1. The name "Madrigall" is an anagram of the name "Gallimard".[1]

References
  1. Beuve-Méry, Alain (21 October 2013). "Antoine Gallimard fait de Teresa Cremisi son bras droit chez Madrigall". Le Monde (in French). Retrieved 3 April 2021.
  2. "Groupe Madrigall". asfored.org (in French). Archived from the original on 7 December 2015. Retrieved 3 April 2021.
  3. Beuve-Méry, Alain (26 June 2015). "Antoine Gallimard, seul maître à bord du troisième groupe d'édition français". Le Monde. Retrieved 3 April 2021.
  4. "Madrigal : identité de la sté". www.infogreffe.fr (in French). Retrieved 3 April 2021.
  5. "MADRIGALL". societe.com (in French). Retrieved 3 April 2021.
  6. "Global Publishing Leaders 2014: Gallimard". Publishers Weekly. 27 June 2014. Retrieved 3 April 2021.
  7. "Le rachat de Flammarion par Gallimard officialisé". Le Monde (in French). 5 September 2012. Retrieved 3 April 2021.
  8. Oury, Antoine (3 February 2014). "Antoine Gallimard détaille la transition de Flammarion vers Madrigall". ActuaLitté (in French). Retrieved 3 April 2021.
  9. Roure, Benjamin (6 July 2020). "Sarbacane est racheté par Madrigall". BoDoï (in French). Retrieved 15 July 2020.
  10. "Les éditions Gallimard rachètent les Editions de Minuit". Le Monde (in French). AFP. 23 June 2021. Retrieved 24 October 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.