TBG AG
Also known as Thyssen-Bornemisza Group
Zurich-based investment company of the Thyssen-Bornemisza family; acquired DTN (2017) and MeteoGroup (2018) and holds Petrolvalves via TBG Holdings.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Thyssen-Bornemisza
- HEADQUARTERS
- Zurich, Switzerland
- FOUNDED
- 2014
Investment approach
- GEOGRAPHY
- Global
- ROUTES
- Direct investments
- STRATEGIES
- Direct investmentsPrivate equity
- LATEST DEAL
- MeteoGroup · Sep 2018
Overview
TBG AG (Thyssen-Bornemisza Group) is a private investment company in Zurich that acts as the investment arm of the Thyssen-Bornemisza family. It bought US weather and data firm DTN from Schneider Electric in 2017 for about $900 million and Dutch weather company MeteoGroup in 2018. Its affiliate TBG Holdings took a majority stake in Italian valve maker Petrolvalves in 2015. Christoph von Grolman is executive chairman and Jeremy Abson is CEO.
Holdings & investments (3)
- MeteoGroupsince 2018
- DTNsince 2017
- Petrolvalvessince 2015
People
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
TBG AG is a single family office based in Zurich, Switzerland, founded in 2014.
TBG AG invests on behalf of the Thyssen-Bornemisza family.
TBG AG invests directly in companies. Its stated asset mix includes direct investments and private equity.
Key people at TBG AG include Christoph von Grolman (Executive Chairman) and Jeremy Abson (CEO).
TBG AG's holdings and investments include DTN, MeteoGroup and Petrolvalves.
The most recent publicly reported investment by TBG AG is MeteoGroup, announced in Sep 2018.