OAKVILLE – Météomédia/Weather Network owner Pelmorex Media has agreed to buy World Weatherwatch of Markham, Ontario.
Established in 1976, World Weatherwatch provides a wide variety of meteorological services to a broad client base including Ministry Transportation of Ontario (MTO), Hydro One, Bruce Nuclear Power, as well as numerous cities and municipalities. The firm has been providing weather services to the transportation, rail, aviation and municipal sectors for many years and has built an excellent reputation as a well-established Canadian weather services provider.
As both are private companies, terms of the transaction were not disclosed.
"We are very pleased to reach this agreement with World Weatherwatch", said Pierre Morrissette, president and CEO of Pelmorex Media Inc. "We are adding excellent people, products and services to our existing infrastructure. We are especially delighted to be adding an extensive array of customers to our existing base of commercial clients.
“Our commercial services division has made significant advancements in the area of industrial meteorology and currently serves clients in the transportation, municipal and energy sectors,” added Morrissette. “The integration of World Weatherwatch… complements our service capabilities to these important industry segments."
“We are all excited to bring our long history of successful weather information operations to Pelmorex," added World Weatherwatch CEO, Erick Carlson.
The transaction closed on January 31, 2006.
