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Editis

French publishing company From Wikipedia, the free encyclopedia

Editis
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Editis is a French group of publishing companies, subsidiary of Czech Media Invest. It is the second-largest French publishing group, after Hachette Livre.

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In June 2023, after acquiring a majority stake in Hachette's parent company, the Lagardère Group, Vivendi chose to keep Hachette, while selling Editis to Czech Media Invest, which is owned by Czech billionaire Daniel Křetínský. The sale was finalised in November 2023.[2][3][4]

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History

Editis was created on 20 December 2002 after Vivendi sold Vivendi Universal Publishing to Natexis Banques Populaires subsidiary Investima 10 (a financial ad hoc structure that was holding onto VUP on behalf of Lagardère Group) and renamed it VUP-Investima 10.[5] This company got its current name on 14 October 2003[6] and throughout 2004, 40% of Editis' assets went to Lagardère while 60% went to financial investment group Wendel (which also acquired the company itself).[7]

In May 2008, Editis integrated with the Planeta Group, the main Spanish-speaking publisher. In January 2019, Vivendi reacquired Editis from Planeta for €900m.[8]

In November 2023, Czech Media Invest acquired Editis from Vivendi for €653m.[4] The total amount of funds received by Vivendi was €654 million including the reimbursement of Editis's debt to Vivendi at closing.[9]

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Group members

As of 2009 the main subsidiaries were:

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References

External links

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