Prices delayed by at least 15 minutes | Print
Weir Group PLC (WEIR)
ORD 12.5PThis share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPPand can be used with Regular investment and Dividend reinvestment
IN BRIEF: Weir completes acquisition of mining software firm Micromine
Weir Group PLC - Glasgow-based engineering company - Completes acquisition of Mining Software Holdings Pty Ltd, which trades as Micromine, for enterprise value of GBP624 million. Micromine is a Perth, Australia-based software provider to the mining industry. Weir says current Micromine Chief Executive Officer Andrew Birch will remain with Weir for up to a year to support Kristen Walsh, who will become president of the Digital Solutions division, which includes Micromine. Weir says it intends to combine Micromine with Motion Metrics and Next intelligent solutions in the future.
"Micromine is a high performing, high growth business of scale, and is a natural and complementary fit for Weir," says Chief Executive Officer Jon Stanton.
Current stock price: 2,224.00 pence, down 0.7% on Wednesday morning in London
12-month change: up 8.5%
By Michael Hennessey, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2025 Alliance News Ltd. All Rights Reserved.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2025 AJ Bell. All rights reserved.