SOGEADE
Encyclopedia
SOGEADE is a French
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

.

It was created solely to hold French interests in newly-founded EADS.
French government holds a veto right since foundation. Lagardère Group
Lagardère Group
Lagardère is a French-based multinational conglomerate headquartered in the 16th arrondissement of Paris. The group once covered a broad range of industries but is now largely focused on the media sector, in which it is one of the world’s leading companies...

 gradually decreased its share in EADS from 15% at creation to 7.5% in March 2009.

Holdings:
  • EADS
    EADS
    The European Aeronautic Defence and Space Company N.V. is a global pan-European aerospace and defence corporation and a leading defence and military contractor worldwide...

     (22.5%)


Evolution of shares in EADS:
  • 29.89 % d'EADS at December 31, 2005 (source: EADS)
  • 27.53 % d'EADS at March 31, 2008 (source: Reuters)
  • 25.00 % d'EADS at December 31, 2008 (source: EADS)
  • 22.50 % d'EADS since 2009 (source: EADS)


Shareholders
  • SOGEPA
    SOGEPA
    SOGEPA is a French holding company owned completely by the government of France. It is one of the largest public bodies investing in European aerospace technology, indirectly owning 15% of EADS via its holding in SOGEADE....

     (66.6%)(50% at creation, 60% end of 2008, 66.6% in 2009) - Wholly owned by French government
  • Désirade (33.3%) (50% at creation, 40% end of 2008, 33.3% in 2009) - Wholly owned by Lagardère Group
    Lagardère Group
    Lagardère is a French-based multinational conglomerate headquartered in the 16th arrondissement of Paris. The group once covered a broad range of industries but is now largely focused on the media sector, in which it is one of the world’s leading companies...

    .
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