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Trusted by
Acquiring Company
Weir Group plc
Acquired Company
Micromine
Glasgow
PerthEnergyOil And GasMiningmining & metalsInformation TechnologySoftwareMiningDescription
Weir Group announced an agreement to acquire Micromine for £657 million. The acquisition is expected to close in the second quarter of 2024. The purchase will be funded through existing cash and new debt. Weir anticipates maintaining a net debt-to-EBITDA below 2x by the end of 2025.
Fundz sees it the moment Weir Group plc makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Micromine?
Micromine was acquired by Weir Group plc, based in Glasgow. The deal was reported on February 28, 2025. The Weir Group PLC is a leading engineering company focused on making mining and infrastructure operations more sustainable and efficient. Weir Group plc is publicly traded (WEGRY) and operates in Energy.
When did Weir Group plc acquire Micromine?
Weir Group plc's acquisition of Micromine was reported on February 28, 2025. Weir Group announced an agreement to acquire Micromine for £657 million. The acquisition is expected to close in the second quarter of 2024. The purchase will be funded through existing cash and new debt. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Micromine do?
Micromine is a leading provider of software solutions tailored for the mining industry. The company offers a comprehensive suite of services from exploration to mine operations, focusing on innovative technologies to enhance productivity. It is privately held, operating in Information Technology, and is based in Perth.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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