TBG AG

TBG AG
Type	Private
Industry	Private Equity
Founded	September 2014[1]
Headquarters	Zurich[1], Switzerland
Area served	Worldwide
Key people	Georg Thyssen-Bornemisza(chairman)[1]; Christoph von Grolman (CEO);

47.3673°N 8.5377°E / 47.3673; 8.5377

TBG AG, named for the Thyssen-Bornemisza Group (/ˈtiːsɪn bɔːrnəˈmit.sə/), is a private investment firm based in Zurich, Switzerland. The company is the investment arm of the Thyssen-Bornemisza family[2] TBG's CEO is Christoph von Grolman.[3]

Associated entities include TBG Holdings (Bermuda), Favorita Investment (Malta),[4] Conscientia Investment (Malta), TBG Limited,[5] and Urvanos Investments Limited.

Holdings and acquisitions

In April 2017 TBG acquired US-based weather and data analytics firm DTN, purchasing it from Schneider Electric for approximately $900M.[6][7]

In September 2018 it acquired Netherlands-based weather company MeteoGroup for an undisclosed sum.[8][9]

Subsidiary TBG Holdings purchased a majority stake in Italian valve maker Petrolvalves in 2015.[10]

External links

TBG AG - Handelsregister, Zürich

References

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 14A Information: IHS Inc". SEC.gov. 2015. Retrieved 2019-02-16. Mr. Grolman is CEO of TBG AG.
"TBG Holdings Limited (Christoph von Grolman)". Government of Bermuda. 2019. Retrieved 2019-02-16.
"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.

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[HR-1] AG, DV Bern. "TBG AG". Commercial register of canton Zurich (in German). Retrieved 20 October 2021.

[Bloomberg2017-2] 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.

[sec-3] "Schedule 14A Information: IHS Inc". SEC.gov. 2015. Retrieved 2019-02-16. Mr. Grolman is CEO of TBG AG.

[Bermuda-4] "TBG Holdings Limited (Christoph von Grolman)". Government of Bermuda. 2019. Retrieved 2019-02-16.

[sec2-5] "Schedule 13D/A: IHS Inc". SEC.gov. 2014. Retrieved 2019-02-16.

[FamilyCapital-6] Rucker, Nick (4 April 2017). "Massive acquisition by low key family office of high profile family". Family Capital. London. Retrieved 2018-07-24.

[Minneapolis2017-7] Renzetti, Jackie (3 April 2017). "Minneapolis-based DTN sold to Swiss firm for $900M". Star Tribune. Minneapolis. Retrieved 2018-04-20.

[MeteoGroup2018-8] "MeteoGroup to be acquired by TBG AG" (Press release). London: MeteoGroup. 24 September 2018. Retrieved 23 October 2018.

[Key-9] Key, Alys (24 September 2018). "Weather forecaster MeteoGroup to be sold to Swiss firm". Irish Independent. Dublin. Retrieved 2019-02-13.

[ReutersPetrovalves-10] Barbaglia, Pamela (29 May 2015). "Petrolvalves majority owners clinch deal with Thyssen family office". Reuters. London. Retrieved 2019-02-13.