LONDON: Weir Group, a global leader in mining technology, has entered into a binding agreement to acquire the remaining 50% share of its Chile-based joint venture ESCO Elecmetal Fundición Limitada (ESEL), a manufacturer of high-quality ground engaging tools, for a…
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….
LONDON, UK: The Weir Group has completed the acquisition of Carriere Industrial Supply Limited (CIS), a premier manufacturer and distributor of highly engineered wear parts and aftermarket service provider to the Canadian mining industry. Its products, which include mining buckets…
LONDON: The Weir Group PLC has completed the sale of its Oil & Gas division to Caterpillar Inc., a news release said. The sale, for an enterprise value of $405m, subject to customary working capital and debt-like adjustments, was first…
SYDNEY: The Weir Group, one of the world’s premium providers of highly engineered mining equipment and services, has been awarded a £100 million order to provide industry-leading energy saving solutions to the Iron Bridge Magnetite Project, a joint venture between…