LAGARDERE (EPA:MMB) - Lagardère announces the completion by Hachette Book Group of the acquisition of Workman Publishing
Transparency directive : regulatory news
23/09/2021 17:35
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Press releaseParis, 23 September 2021, 5:35 p.m.
Lagardère announces the completion by Hachette Book Group of the acquisition
of Workman Publishing
Lagardère is announcing the completion on 23 September 2021, of the
acquisition of independent US publisher Workman Publishing by Hachette Livre's
US subsidiary Hachette Book Group, based on the terms and conditions disclosed
on 16 August 2021.
This acquisition complements Hachette Book Group's US catalogue and
significantly strengthens its market positioning, especially in the Children
and Young Adult segment.
Founded in 1968 by Peter Workman, Workman Publishing mainly specialises in
Children and Young Adult titles and Non-Fiction, with a focus on lifestyle
publications such as cookbooks, parenting or gardening books. A number of
Workman Publishing's many bestsellers have been successfully adapted into
television series, programmes and films, including Salute Your Shorts: Life at
Summer Camp, 1,000 Places to See Before You Die and What to Expect When You're
Expecting.
Created in 1992, Lagardère is an international group with operations in more
than 40 countries worldwide. It employs some 28,000 people and generated
revenue of EUR4,439 million in 2020.
The Group focuses on two priority divisions: Lagardère Publishing (Book and
e-Publishing, Mobile and Board games) and Lagardère Travel Retail (Travel
Essentials, Duty Free & Fashion, Foodservice).
The Group?s operating assets also include Lagardère News and Lagardère Live
Entertainment.
Lagardère shares are listed on Euronext Paris.
www.lagardere.com
Press Contacts
Ramzi Khiroun
Tel. +33 1 40 69 16 33
rk@lagardere.fr
Image 7 contacts
Anne Méaux
Tel: +33 6 89 87 61 76
Investor Relations Contacts
Emmanuel Rapin
Tel. +33 1 40 69 17 45
erapin@lagardere.fr
Alima Lelarge Levy
Tel. +33 1 40 69 19 22
alelargelevy@lagardere.fr
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