GEDI Gruppo Editoriale


GEDI Gruppo Editoriale S.p.A., formerly known as Gruppo Editoriale L'Espresso S.p.A., is an Italian media conglomerate. Founded in 1955, it is based in Turin, Italy, and controlled by the Agnelli family through Exor. The company is known for publishing newspapers la Repubblica and La Stampa.

History

Origins

In 2009, the group L'Espresso created an online advertising consortium with RCS MediaGroup.
In March 2016, the Italiana Editrice merged with L'Espresso group to create the leading Italian group in print and online information. As a result CIR remained the majority shareholder, with FCA and Carlo Perrone as minority shareholders.

Name change

In May 2017, the group changed its names from Gruppo Editoriale L'Espresso to GEDI Gruppo Editoriale. In July 2017, FCA distributed its stake to shareholders, making the Agnelli Family minority shareholders with a 4.26% stake.
In December 2019, the board of CIR accepted Exor's offer to buy its 43.78% stake in GEDI. This operation restored the Agnelli family to majority ownership of La Stampa, which they had already controlled from 1926 to 2016, through FIAT.
Following a tender offer, GEDI is 100% controlled by Giano Holding Spa, which is in turn controlled by Exor. After Giano bought all shares of GEDI, the company was delisted from the Borsa Italiana. Compagnie Industriali Riunite and Carlo Perrone own a minority share in Giano, 5% each.

Description

Formerly owned

Il Secolo XIX, ceded to Mediterranean Shipping Company in 2024 Messaggero Veneto – Giornale del Friuli, Il Piccolo, Gazzetta di Mantova, Il Mattino di Padova, La Tribuna di Treviso, La Nuova Venezia and Corriere delle Alpi, ceded to NEM Group in 2023L'Espresso and Le Guide dell'Espresso ceded to BFC Group in 2022Il Tirreno, Gazzetta di Reggio, Gazzetta di Modena, La Nuova Ferrara and La Nuova Sardegna, ceded to SAE Group in 2020 and 2021MicroMega, closed in 2020 Il Centro and La Città, ceded to local businessmen in 2017Alto Adige and Trentino, ceded to Athesia Group in 2017