M&A Deal Summary

Czech Media Invest a.s. Acquires Lagardère SCA - Magazine Publishing Titles

On February 15, 2019, Czech Media Invest a.s. acquired publishing company Lagardère SCA - Magazine Publishing Titles from Lagardere for 52M EUR

Acquisition Highlights
  • This is Czech Media Invest a.s.’s 1st transaction in the Publishing sector.
  • This is Czech Media Invest a.s.’s largest (disclosed) transaction.
  • This is Czech Media Invest a.s.’s 1st transaction in France.

M&A Deal Summary

Date 2019-02-15
Target Lagardère SCA - Magazine Publishing Titles
Sector Publishing
Buyer(s) Czech Media Invest a.s.
Sellers(s) Lagardere
Deal Type Divestiture
Deal Value 52M EUR

Target

Lagardère SCA - Magazine Publishing Titles

France
Lagardère SCA - Magazine Publishing Titles comprises publishing titles Elle and its various extensions, Version Femina, Art & Décoration, Télé 7 Jours and its various extensions, France Dimanche, Ici Paris and Public.

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Buyer(S) 1

Buyer

Czech Media Invest a.s.

Prague, Czech Republic

Category Company
Sector Media
DESCRIPTION

Czech Media Invest (CMI) is a holding company that focuses on acquisitions and management of media assets in Central and Western Europe. Through its subsidiary company Czech News Center, which is the media house based in the Czech Republic, publishes four daily newspapers, several dozens of magazines and web titles; and also owns two printing houses.


DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Lagardere

Paris, France

Category Company
Founded 1826
Sector Media
Employees24,173
Revenue 8.1B EUR (2023)
DESCRIPTION

Lagardere is a diversified media group which operates through four divisions. These include Lagardere Publishing, Lagardere Services, Lagardere Active, and Lagardere Unlimited. Lagardere was founded in 1826 and is based in Paris, France.


DEAL STATS #
Overall 8 of 11
Sector (Publishing) 3 of 3
Type (Divestiture) 8 of 11
Country (France) 5 of 7
Year (2019) 5 of 6
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-11 Jacaranda FM Pty

Midrand, South Africa

Jacaranda FM Pty Ltd. is an independent radio station broadcasting in English and Afrikaans and playing music. The station reaches approximately 2M people across GP, North West, Mpumalanga and Limpopo province.

Sell R233M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-24 Lagardère SCA - Television Business

Paris, France

Lagardère SCA - Television Business provides a range of media services.

Sell €215M