Louis Hachette Group


Louis Hachette Group S.A. 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 and his family
Formed from the spin-off of Vivendi in December 2024, the new independent entity holds 66.5 percent of the Lagardère group as well as 100% of the French press group Prisma Media.
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.

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, and an investment company.
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.
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.

Activities

The activities of Louis Hachette Group are carried out by two main entities:
At 31 December 2024, after the partial demerger of Vivendi:
Bolloré family 31.04 %
Arnaud Lagardère8.61 %
Free float60.35 %

Governance

Management

Jean-Christophe Thiery: Chairman and Chief Executive Officer of Louis Hachette Group
Grégoire Castaing: Deputy Chief Executive Officer of Louis Hachette Group

Board of Directors

Jean-Christophe Thiery: Chairman of the Board of Directors
Arnaud Lagardère: Vice-Chairman of the Board of Directors
Yannick Bolloré: director
Sophie Chassat: independent director
Maud Fontenoy: independent director
Arnaud de Puyfontaine: director