Kachelmann sells two privately held companies
Jörg Kachelmann sells his two privately held overseas companies WeatherOK Inc. (USA) and The Weatherman Inc. (Canada) to Meteomedia, in which he is the majority shareholder with a 49 percent stake.
The Sonntagszeitung writes this in its current issue. Meteomedia is also buying the company Media Design, currently still owned by one of Kachelmann's ex-wives. These transactions are intended to bring money into Kachelmann's coffers for the upcoming trial. According to reports, the two overseas companies are not particularly valuable. However, a property owned by the American WeatherOK will be removed before the sale and transferred to Kachelmann as a private individual. "We are only buying the meteorological assets," Meteomedia CFO Norbert Steffen is quoted as saying in the Sonntagszeitung. The purchase of the two Kachelmann companies will take place at acquisition value. The valuation is still underway. The sale is likely to bring in several tens of thousands of francs.
Kachelmann's legal fees are still rising due to the upcoming criminal proceedings. Kachelmann's media lawyer is largely being paid by Meteomedia, as his interventions are in the interests of the company, according to the company. However, the weather presenter will have to pay the remaining costs himself for the time being - although his company is also supporting him here.
Meteomedia also announced two new board members: Zurich lawyer Martin Kurer and German lawyer Dietmar Gamp. The latter previously worked for the WDR Media Group, the contractual partner for the program "Das Wetter im Ersten".
Kachelmann's legal fees are still rising due to the upcoming criminal proceedings. Kachelmann's media lawyer is largely being paid by Meteomedia, as his interventions are in the interests of the company, according to the company. However, the weather presenter will have to pay the remaining costs himself for the time being - although his company is also supporting him here.
Meteomedia also announced two new board members: Zurich lawyer Martin Kurer and German lawyer Dietmar Gamp. The latter previously worked for the WDR Media Group, the contractual partner for the program "Das Wetter im Ersten".
