Bouygues

Bouygues is an industry group French founded by Francis Bouygues (centralien, 1946) and directed by his/her son Martin Bouygues. In 2006, the Bouygues group is established in 80 countries and account approximately: 122500 collaborators.

History

In 1952, Francis Bouygues benefits from the context of rebuilding of France after the Second world war to found in Paris region the company Bouygues (in the past E.F.B.), specialized in the construction of buildings. In 1955, Bouygues launches out in the construction of cities HLM within the framework of programs largely financed by the French State, launched to provide for the needs growing for residences (partly in the continuity of the call of the Abbé Pierre during winter 54). In 1959 the company develops industrial prefabrication and then continues to benefit from the great projects of the State, first of all with the French highway program of the years 1960 which makes it possible Bouygues into 1965 to develop a sector public works and civil engineering, then thanks to obtaining prestigious markets like the Parc of the Princes, the palate of the congresses of Paris (Door Shirt) or air terminal 2 of Roissy.

In 1970 the company is placed on the stock market. The following years, Bouygues builds oil platforms offshore oil rig, first steps of its internationalization which really begins in the years 1980, at the time when the company also starts to diversify. This diversification initially passes by the takeover in 1984 of SMOKED, one of principal groups distribution of Eau, and in 1987 of TF1, whose privatization was decided by the government. Bouygues also proceeds, in parallel, with a horizontal integration, i.e. with the repurchase of concurrent companies in the field of the building (external growth). Diversification accelerates in the years 1990 with the creation of LCI in 1994, the launching of the third French operator of mobile telephony, Bouygues Telecom, in 1996, and of the numerical bouquet TPS to compete with Canal+. In spite of diversification, the building remains, in the years 1990, responsible for half of the turnover of Bouygues, which in particular benefitted from the policy of great work initiated during the Mitterrand years (large Arche of Defense, National library of France, Pont of Normandy, Stade de France…) as well as great orders abroad (Mosque Hassan II with Casablanca, palate of the congresses of HongKong, restoration of Mecque…).

The head office of the Bouygues company is with 32 avenue Hoche with Paris. The head office of Bouygues construction ( Challenger ) is with Guyancourt in Yvelines.

Trades

Services télécoms/media and activities of origin (construction, roads, real estate…).

In 2006, the group includes/understands the following companies:

Télécoms - Media

Bouygues Telecom (mobile telephone operator)
TF1 (audio-visual group; starts from 42,9%; TF1 holding itself the chains Eurosport, LCI, TV Breizh, Odyssey, History.)
34,3% of Publications Subway France, group of free Press, via its subsidiary company, TF1.

Construction

Bouygues Construction (BTP, electricity, maintenance)
Colas (construction and maintenance of the roads)
Real Bouygues (residential, real estate of company, commercial and hotel and urban development)

Energy - Transport

Alstom (share of 30,07%; rail-bound transport, equipment and services of electrical production)

Old subsidiary companies:

Services

SMOKED (services with the communities and the industrialists), yielded in November 2004 to FEEDS partners

Construction of oil installations

Bouygues Offshore (Technology, supply, construction and oil installation), yielded in May 2002 to Saipem.

Management of the firm

Leaders

Martin Bouygues, general president-director

Head office of the Group:

Olivier Poupart-Lafarge, delegated general director
Olivier Bouygues, delegated general director
Alain Pouyat, Data-processing managing director and New technologies
Jean-Claude Tostivin, executive vice president Human Resources and Administration Groups
Lionel Verdouck, Trésorerie executive vice president and Finances
Jean-François Guillemin, general secretary

Head office Trades:

Yves Gabriel, chairman of Bouygues Construction
François Bertière, chairman of Real Bouygues
Alain Dupont, Cola chairman
Patrick Le Lay, President of TF1, Nonce Paolini, dg of TF1
Philippe Montagner, chairman of Bouygues Telecom

Board of directors

Martin Bouygues, general president-director

Administrators - Delegated general directors:

Olivier Poupart-Lafarge, Delegated general director of Bouygues
Olivier Bouygues, Delegated general director of Bouygues

Administrators:

Pierre Barberis, Delegated general director of Oberthur Card Systems
Patricia Barbizet, Vice-president of the Board of directors of PR and Managing director and administrator of Artémis
François Bertière, general President-director of Real Bouygues
Madam Francis Bouygues
Georges Chodron de Courcel, Delegated general director of BNP-Paribas
Charles de Croisset, Vice Chairman from Goldman Sachs Europe
Michel Derbesse, Administrator
Lucien Douroux, former President of the Board of trustees of Credit-agricultural Indosuez
Alain Dupont, general Cola President-director
Yves Gabriel, general President-director of Bouygues Construction
Jean-Michel Fat, shareholder employee representative
Thierry Jourdaine, shareholder employee representative
Patrick Kron, general President-director of Alstom
Patrick Le Lay, general President-director of TF1
Jean Peyrelevade, Vice-president of Leonardo France
François-Henri Pinault, general PR President-director
Michel Rouger, Honorary president of the Bankruptcy court of Paris

Financial data

Source: 'OpesC

Stock exchange data

Shares quoted with the Bourse de Paris
Member of the index CAC 40
Code Value ISIN = FR0000120503
Principal shareholders:

(2006): SCDM (Martin & Olivier Bouygues) 18,7% (27,6% of the rights to vote), paid 13,2% (17,1% of the rights to vote.

Controversies

In September 1996, an emission of TF1, whose Bouygues is the principal shareholder, puts in scene an interview of the dictator turkmene Saparmyrat Nyýazow by Jean-Claude Narcy where four chiefs of large companies are present of which Martin Bouygues. This emission, revealing the collusion and the mixture of the kinds between the media, economic and political higher realms, will never be diffused. Indeed, the life president of the Turkménistan insists there on his friendly relations with Martin Bouygues and on the frequent meetings which they maintain. After its death in December 2006, Saparmyrat Nyýazow is buried in the family mausoleum built by the group of BTP Bouygues in Kiptchak.

In 2006, the newspaper The Economist brought back a series of complex transactions between 1989 and 1997, which allowed Martin and Olivier Bouygues to take participations in the company, to the detriment of other shareholders.

In 2007, Bouygues Telecom is judged by the Court of appeal of French justice and must pour 42 million euros following a judgment blaming of the agreements of price between the three French mobile telephone operators. Bouygues Telecom will have to discharge this sum although the lawsuit revealed an agreement only between Orange and SFR.

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