LONDON: UK engineering firm Weir Group PLC said on Tuesday it has finalized the acquisition of Fast2 Mine Tecnologia e Desenvolvimento de Sistemas Ltda, a Brazilian provider of mine management software, expanding its footprint in South America’s mining technology market.
The deal, first announced on Sept. 23, 2025, will see Fast2Mine integrated into Weir’s Micromine portfolio and reported under the ESCO division. Financial terms were not disclosed, and the company confirmed the transaction will not affect its full-year revenue, operating profit, or leverage guidance as of July 31.
“We are delighted to formally welcome Fast2Mine to Weir,” said Chief Executive Jon Stanton. “Its software complements our Micromine suite, particularly Alastri and Pitram, and strengthens our strategy to deliver leading digital solutions to the mining industry.”
The acquisition gives Weir an immediate presence in South America’s mining software market and supports its broader international growth ambitions, a statement said.
Founded in 1871, Weir Group employs around 12,000 people across more than 50 countries and provides engineered solutions aimed at reducing ene