M&A Deal Summary

Lagardere Acquires Time Warner Book Group

On February 1, 2006, Lagardere acquired publishing company Time Warner Book Group for 538M USD

Acquisition Highlights
  • This is Lagardere’s 1st transaction in the Publishing sector.
  • This is Lagardere’s 2nd largest (disclosed) transaction.
  • This is Lagardere’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-02-01
Target Time Warner Book Group
Sector Publishing
Buyer(s) Lagardere
Deal Type Add-on Acquisition
Deal Value 538M USD

Target

Time Warner Book Group

United Kingdom
Time Warner Book Group is a U.S. book publisher.

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Buyer(S) 1

Buyer

Lagardere

Paris, France

Category Company
Founded 1826
Sector Media
Employees33,000
Revenue 9.0B EUR (2024)
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 1 of 13
Sector: Publishing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 13
Country: United Kingdom M&A 1 of 2
Year: 2006 M&A 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-18 Grolier

Danbury, Connecticut, United States

Grolier, Inc. has three principal areas of operation a U.S. direct mail-to-home and e-commerce book clubs for children through age 5, the on-line and print publisher of children's reference products (including major encyclopedias) sold primarily to U.S. school libraries, and significant international operations in the United Kingdom, Canada and Southeast Asia. Grolier also publishes trade books under the Orchard Books, Children's Press and Franklin Watts imprints, sold both to libraries and the trade.

Sell $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-20 SPORTFIVE

Altrincham, United Kingdom

SPORTFIVE is a globally active sports marketing business focusing on the buying & selling of sponsorship and media rights as well as brand consulting, event management and athlete management. Its success is built on long-standing relationships on a global scale paired with decades of experience and an innovative spirit to bring together brands, rightsholders, media platforms, and sports fans. SPORTFIVE is a trusted partner for business with the world’s leading clubs, leagues, and federations in established sports markets such as soccer, handball, and Olympics as well as in growth markets such as eSports. SPORTFIVE is based in Altrincham, United Kingdom.

Buy €865M