TBG
AG, named for the Thyssen-Bornemisza Group (), is a private
venture capital 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,
the eldest son of noted industrialist and art collector
Hans Heinrich Thyssen-Bornemisza.
TBG's CEO is Christoph von Grolman.
Associated entities include TBG Holdings (
Bermuda), Favorita Investment (
Malta),
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 for approximately $900M.
In September 2018 it acquired Netherlands-based weather company
MeteoGroup 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