47°22′02″N 8°32′16″E / 47.3673°N 8.5377°E
| Company type | Private |
|---|---|
| Industry | Private Equity |
| Founded | September 2014[1] |
| Headquarters | , |
Area served | Worldwide |
Key people |
|
TBG AG (Thyssen-Bornemisza Group; /ˈtiːsɪn bɔːrnəˈmit.sə/), is a private investment firm based in Zürich, Switzerland. The company is the investment arm of the Thyssen-Bornemisza family[2] TBG's CEO is Jeremy Abson.
Associated entities include TBG Holdings (Bermuda), Favorita Investment (Malta), Conscientia Investment (Malta), TBG Limited,[3] and Urvanos Investments Limited.[citation needed]
Holdings and acquisitions
editIn April 2017 TBG acquired US-based weather and data analytics firm DTN, purchasing it from Schneider Electric for approximately $900M.[4][5]
In September 2018 it acquired Netherlands-based weather company MeteoGroup for an undisclosed sum.[6][7]
Subsidiary TBG Holdings purchased a majority stake in Italian valve maker Petrolvalves in 2015.[8]
References
edit- ^ a b AG, DV Bern. "TBG AG". Commercial register of canton Zurich (in German). Retrieved 20 October 2021.
- ^ Foxman, Simone (20 October 2017). "Wealthy Families Are Winning Deals Away From Private Equity". Bloomberg Markets. New York City. Retrieved 2018-04-20.
TBG AG, the investment arm of the Thyssen-Bornemisza family that's based in Zurich, ...[acquired DTN] this year for $900 million.
- ^ "Schedule 13D/A: IHS Inc". SEC.gov. 2014. Retrieved 2019-02-16.
- ^ Rucker, Nick (4 April 2017). "Massive acquisition by low key family office of high profile family". Family Capital. London. Retrieved 2018-07-24.
- ^ Renzetti, Jackie (3 April 2017). "Minneapolis-based DTN sold to Swiss firm for $900M". Star Tribune. Minneapolis. Retrieved 2018-04-20.
- ^ "MeteoGroup to be acquired by TBG AG" (Press release). London: MeteoGroup. 24 September 2018. Retrieved 23 October 2018.
- ^ Key, Alys (24 September 2018). "Weather forecaster MeteoGroup to be sold to Swiss firm". Irish Independent. Dublin. Retrieved 2019-02-13.
- ^ Barbaglia, Pamela (29 May 2015). "Petrolvalves majority owners clinch deal with Thyssen family office". Reuters. London. Retrieved 2019-02-13.