The Weir Group PLC
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Andrew Neilson
- Full Time Employees
- 12,787
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 1 West Regent Street Glasgow SCT United Kingdom G2 1RW
- IPO Date
- Mar 23, 2012
- CIK
- 0001540042
- Website
- global.weir
- Similar Companies
- Business
- The Weir Group PLC manufactures and markets engineered equipment, wear-resistant components, and aftermarket services for the global mining industry; its Minerals division supplies slurry pumps, valves, high-pressure grinding rolls (HPGR), crushers, and processing equipment including original equipment and spare parts; the ESCO division offers ground-engaging tools (GET), buckets, and attachments for mining and construction under brands such as ESCO and Motion Metrics software solutions; additional offerings encompass field services, digital mining technologies via Micromine, and performance optimization services supporting customers in copper, gold, iron ore, and phosphate markets. Founded in 1871 and headquartered in Glasgow, Scotland, the FTSE 100-listed company operates manufacturing facilities, foundries, and service centers worldwide including the UK, USA, Australia, Brazil, and Asia-Pacific regions; it generates approximately 60% of revenues from aftermarket services; Weir serves major mining operators across five continents with a focus on sustainability and productivity enhancements. Recent strategic developments include the £657 million acquisition of Micromine in early 2025 to bolster digital mining software capabilities; completion of the $150 million Townley acquisition in August 2025, adding North American foundry capacity and phosphate market exposure; and announcement of the Fast2Mine acquisition in Q3 2025 to expand Micromine’s mine planning software portfolio in Latin America; these moves contributed to 2% year-on-year order growth in Q3 2025, with reiterated full-year guidance for revenue and profit expansion at 20% margins.
Company News
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