Lagardère Finalises the Sale of Lagardère Sports to H.I.G. Capital

PARIS--()--Regulatory News:

As part of its strategic refocusing, and as announced on 16 December 2019, today the Lagardère group (Paris:MMB) finalised the sale of Lagardère Sports to H.I.G. Capital.

This disposal sees Lagardère take a further decisive step in its strategy of concentrating all efforts and resources on developing Lagardère Publishing and Lagardère Travel Retail.

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Created in 1992, Lagardère is an international group with operations in more than 40 countries worldwide. It employs over 30,000 people and generated revenue of €7,211 million in 2019.

In 2018, the Group launched its strategic refocusing around 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

Contacts

Press Contacts
Thierry FUNCK-BRENTANO
tel. +33 1 40 69 16 34
tfb@lagardere.fr

Ramzi KHIROUN
tel. +33 1 40 69 16 33
rk@lagardere.fr

Investor Relations Contact
Emmanuel RAPIN
tel. +33 1 40 69 17 45
erapin@lagardere.fr

Contacts

Press Contacts
Thierry FUNCK-BRENTANO
tel. +33 1 40 69 16 34
tfb@lagardere.fr

Ramzi KHIROUN
tel. +33 1 40 69 16 33
rk@lagardere.fr

Investor Relations Contact
Emmanuel RAPIN
tel. +33 1 40 69 17 45
erapin@lagardere.fr