TBG
AG, named for the Thyssen-Bornemisza Group (), is a private
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
firm based in
Zurich,
Switzerland
). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
. The company is the investment arm of the
Thyssen-Bornemisza family and is chaired by
Georg Heinrich Thyssen-Bornemisza
Georg Heinrich, Baron Thyssen-Bornemisza (19 March 1950 - 30 September 2022) was the chairman of the private venture capital firm TBG AG, which operates as the investment arm of the Thyssen-Bornemisza family. Early life
Georg Heinrich was the e ...
,
the eldest son of noted industrialist and art collector
Hans Heinrich Thyssen-Bornemisza
Hans Heinrich August Gábor, Baron Thyssen-Bornemisza de Kászon (13 April 1921 – 27 April 2002), an industrialist and art collector, was a Netherlands, Dutch-born Switzerland, Swiss citizen with a Hungary, Hungarian title and heir to a German fo ...
.
TBG's CEO is Christoph von Grolman.
Associated entities include TBG Holdings (
Bermuda
)
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), Favorita Investment (
Malta
Malta ( , , ), officially the Republic of Malta ( mt, Repubblika ta' Malta ), is an island country in the Mediterranean Sea. It consists of an archipelago, between Italy and Libya, and is often considered a part of Southern Europe. It lies ...
),
Conscientia Investment (Malta), TBG Limited,
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
Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation ...
for approximately $900M.
In September 2018 it acquired Netherlands-based weather company
MeteoGroup
MeteoGroup was a private weather forecasting organisation based in Europe, with offices in Belgium, Canada, France, Germany, Ireland, Italy, the Netherlands, the Philippines, Poland, Singapore, Spain, Sweden, Switzerland, Turkey, the United Kin ...
for an undisclosed sum.
Subsidiary TBG Holdings purchased a majority stake in Italian valve maker Petrolvalves in 2015.
[{{cite news
, last = Barbaglia
, first = Pamela
, date = 29 May 2015
, title = Petrolvalves majority owners clinch deal with Thyssen family office
, work = Reuters
, location = London
, url = https://www.reuters.com/article/petrolvalves-ma-tpg-holdings-idUSL5N0YK4XJ20150529
, access-date = 2019-02-13
]
External links
TBG AG - Handelsregister, Zürich
References
Companies based in Zürich
Swiss companies established in 2014
Thyssen family
Venture capital firms