Weather Sells a Stake

Weather Investments announces sale of part of its shares to Apax Partners, Madison Dearborn Partners & TA Associates

June 9, 2008

1 Min Read

ROME -- Weather Investments S.p.A. (“Weather Investments”) today announces the sale of part of its shares for an amount equal to 1.1 billion euro to funds managed by private equity firms Apax Partners Worldwide LLP, Madison Dearborn Partners, LLC and TA Associates, Inc.

Naguib Sawiris, Chairman and Chief Executive Officer of Weather Investments commented “With our new private equity partners in Weather Investments we are ideally positioned to pursue our value growth strategies leveraging on the strong operating performance in each of our subsidiaries and to explore new areas of growth.”

Apax Partners

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