Paris (AFP)
Amaury, the owner of the L'Equipe newspaper, will sell his Mitry-Mory printing house to the first national press printer, Riccobono, the group said in a statement on Wednesday.
The group "plans to develop its interests in the printing business by selling 100% of its printing located in Mitry Mory (Seine-et-Marne) to the Riccobono Group," he said in a statement.
Amaury will also sell to Riccobono 51% of the capital of its last two printing works, built in the early 2000s and located in Saint-Vulbas, near Lyon, and Escalquens, near Toulouse. A hundred employees are concerned.
"By strengthening the partnership with Riccobono, the leading national daily press printer, the Amaury group would thus contribute to the consolidation of the printing centers for the national daily press since 2010", continues Amaury's management, in a context of decline sales of paper newspapers.
Riccobono already controls eight printing works, including three in the Paris region, for a total of 700 employees. These sales have "vocation to guarantee the sustainability of the network of printers of the national daily press in France, essential to ensure the distribution of the titles of national written press, and more particularly of L'Équipe", according to Amaury.
The group had already closed its printing plant in Saint-Ouen in 2015, where L'Equipe and Le Parisien, a newspaper sold the same year to the LVMH group, were printed. Amaury has been led since June by Aurore Amaury and Jean-Etienne Amaury, the third generation to take over the reins of the family group.
Aurore Amaury is also president of the L'Équipe group and Amaury Media, the advertising agency, while Jean-Etienne Amaury is president of ASO, the organizer of the Tour de France, the Dakar or the Paris Marathon. Marie-Odile Amaury continues to chair the group.
© 2020 AFP