TBG_AG

TBG AG

TBG AG

Private investment firm based in Zürich, Switzerland

47.3673°N 8.5377°E / 47.3673; 8.5377

Quick Facts Company type, Industry ...

TBG AG, named for the 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

In 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

  1. [1]
    AG, DV Bern. "TBG AG". Commercial register of canton Zurich (in German). Retrieved 20 October 2021.
  2. [2]
    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.
  3. [3]
    "Schedule 13D/A: IHS Inc". SEC.gov. 2014. Retrieved 2019-02-16.
  4. [4]
    Rucker, Nick (4 April 2017). "Massive acquisition by low key family office of high profile family". Family Capital. London. Retrieved 2018-07-24.
  5. [5]
    Renzetti, Jackie (3 April 2017). "Minneapolis-based DTN sold to Swiss firm for $900M". Star Tribune. Minneapolis. Retrieved 2018-04-20.
  6. [6]
    "MeteoGroup to be acquired by TBG AG" (Press release). London: MeteoGroup. 24 September 2018. Retrieved 23 October 2018.
  7. [7]
    Key, Alys (24 September 2018). "Weather forecaster MeteoGroup to be sold to Swiss firm". Irish Independent. Dublin. Retrieved 2019-02-13.
  8. [8]
    Barbaglia, Pamela (29 May 2015). "Petrolvalves majority owners clinch deal with Thyssen family office". Reuters. London. Retrieved 2019-02-13.
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