August 1, 2013
Alexander Grünwald, Mario Schlup
GCA Altium acted as financial adviser to mminternational on its sale to MeteoGroup.
mminternational, founded as Meteomedia more than 20 years ago by Jörg Kachelmann and headquartered in Appenzell, Switzerland, is one of the leading and most innovative European weather service providers. mminternational operates under the brands meteomedia, offering a diverse range of products and services for the media and the public, and meteoDSS (Decision Support Systems), providing customised solutions and decision support for process optimisation, planning, trading and risk management. The company, which employs around 100 people, operates more than 830 weather stations in Germany and Switzerland and also has operations in the Philippines.
MeteoGroup is Europe’s largest private sector weather business with forecasting offices Europe and the US. MeteoGroup is owned by PA Group, an international group of news and communications businesses (incl. the Press Association, the national news agency of the UK and Ireland).