SOGEADE (Société de gestion de l'aéronautique, de la défense et de l'espace) was a French intermediate

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

. It was dissolved in 2013.

History

SOGEADE was created solely to hold French interests in the newly founded EADS (

Airbus Airbus SE (; ; ; ) is a European Multinational corporation, multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace manufacturer, aerospace products worldwide and manufactures aircraft througho ...

), as an intermediate holding company, which were owned by the state of France (through

SOGEPA SOGEPA (Societé de Gestion de Participations Aéronautiques) is a French holding company owned completely by the French Republic. It is one of the largest public bodies investing in European aerospace technology, indirectly owning 11.11% shares of ...

) and

Lagardère Group Lagardère S.A. () is an international group with operations in over 40 countries. It is headquartered in the 16th arrondissement of Paris. The group was created in 1992 as Matra, Hachette & Lagardère. Headed by Arnaud Lagardère, it is focuse ...

(Désirade). In 2005, SOGEADE had the same shares holding ratio with

Daimler AG The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacture ...

for 29.9%. In 2006 Daimler and Lagardère agreed to sell 7.5% shares each to the open public. In 2007 Daimler agreed to sell 7.5% shares of Airbus to Dedalus while Lagardère issued mandatory exchangeable bonds for the 7.5% shares of Airbus to

Natixis Natixis is a French corporate and investment bank created in November 2006 from the merger of the asset management and investment banking operations of ''Natexis Banques Populaires'' (Banque Populaire group) and ''IXIS'' (Groupe Caisse d'Epargne ...

. In 2013 the French State's portion of ownership was transferred to

, while SOGEADE became the wholly owned subsidiary of Lagardère. Soon later Lagardère sold all the shares.

Evolution of shares in EADS

* 29.9% of EADS at 31 December 2005 * 29.95% of EADS at 31 March 2007 * 27.53% of EADS at 31 September 2007 * 22.50% of EADS at 31 March 2009 * 22.46% of EADS at 31 December 2009 (183,337,704) * 22.46% of EADS at 31 December 2010 (183,337,704) * 22.35% of EADS at 31 December 2011 (183,337,704) * 22.16% of EADS at 31 December 2012 (183,337,704) * 7.4% of

in April 2013 (61,000,000)

Shareholders

*SOGEPA (0%) (50% at creation, 60% end of 2008, 66.6% in 2009) – Wholly owned by French government *Désirade (100%) (50% at creation, 40% end of 2008, 33.3% in 2009) – Wholly owned by

References

Holding companies of France French companies disestablished in 2013 Holding companies disestablished in 2013 {{Tech-company-stub