Search Results for weir

Weir Group announces more board changes

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, announced that Nick Anderson has been appointed to its board as an independent non-executive…




Weir Group announces more board changes

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, announced that National Grid CFO Andy Agg has been appointed to the Weir board as an…





Weir Group acquires Sweden’s SentianAI

Weir Group, the Glasgow-based global engineering and mining giant, said it has acquired SentianAI, a Swedish-based developer of AI solutions “that optimise performance in minerals processing.”…


Weir Group hires BP’s Brian Puffer as CFO

Weir Group, the Glasgow-based global engineering and mining giant, announced the appointment of Brian Puffer to the company’s board of directors as chief financial officer (CFO)…


Weir Group appoints Penny Freer to board

Weir Group, the Glasgow-based global engineering and mining giant, announced that Penny Freer has been appointed to its board as an independent non-executive director with…





Weir Group reports order book growth

Glasgow-based global engineering and mining giant Weir Group published a trading update for the first quarter ended March31,  2023, and reported growth in its order book. Weir reiterated its guidance…


Weir profit £348m as revenue tops £2.4bn

Shares of Glasgow-based global engineering and mining giant Weir Group rose about 7% on Wednesday after it reported that 2022 revenue rose 28% to £2.472 billion and…


Abrdn and Weir Group return to FTSE 100

FTSE Russell has confirmed that Edinburgh-based investment giant Abrdn and Glasgow-based global engineering and mining group Weir Group, two of Scotland’s biggest companies,  will return…


Abrdn and Weir set for return to the FTSE 100

Edinburgh-based investment giant Abrdn and Glasgow-based global engineering and mining group Weir Group, two of Scotland’s biggest companies and employers, are currently strong contenders to return to…






Weir Group appoints new directors

Glasgow-based global engineering and mining giant Weir Group said on Friday that Nicola Brewer and Tracey Kerr joined its board as independent non-executive directors with effect from…



Weir secures $800m credit facility with banks

Glasgow-based global engineering and mining giant Weir Group announced it successfully completed the refinancing of its main banking facility with a syndicate of 11 global banks. The…


Weir buys Canada’s Carriere Industrial Supply

Glasgow-based global engineering and mining giant Weir Group announced it has completed the acquisition of Carriere Industrial Supply Limited (CIS), a manufacturer and distributor of highly engineered…




Weir buys AI mining tech firm Motion Metrics

Glasgow-based global engineering and mining giant Weir Group said on Friday it has agreed to acquire Motion Metrics, a Canada-based global mining technology business, for an initial…





Weir prices $800m syndicated bond offering

Glasgow-based global engineering and mining giant Weir Group announced on Friday it has completed its first ever syndicated bond deal as it priced the offering of $800 million…


Weir orders up 11%, boosted by Ukraine deal

Shares of Glasgow-based global engineering and mining giant Weir Group edged 1% higher on Thursday after it published a trading update for the first quarter ending March…








Weir Group beefs up board with two new directors

Glasgow-based mining and engineering giant Weir Group announced on Monday that Srinivasan Venkatakrishnan and Ben Magara will join its board as non-executive directors on January 19, 2021….
















Weir shares slide as orders fall in oil and gas

Shares of Glasgow-based engineering giant Weir Group fell 4% on Tuesday after it said its first-quarter orders — excluding recent acquisition ESCO –fell 7% “reflecting reduced…







Weir Group completes $1.3bn ESCO acquisition

Glasgow-based engineering giant Weir Group said on Thursday it completed the acquisition of Portland, Oregon-based ESCO Corporation for an estimated enterprise value of $1.28 billion. Weir’s main markets…






Weir shares soar on North American recovery

Shares of Glasgow-based engineering giant Weir Group rose more than 7% after it gave an update to its 2017 outlook that “reflects accelerated recovery in North American oil…


Weir Group to buy Singapore’s KOP for $114m

Glasgow-based engineering giant Weir Group said it agreed to acquire Singapore-headquartered oil and gas technology firm KOP Surface Products from Norwegian-listed Akastor ASA for about $114m…


Weir Group oil and gas orders up 50%

UPDATE 1 — Glasgow-based engineering giant Weir Group said its oil and gas orders rose 50% in the first quarter driven by significant growth in North…



Paradis joins Weir Group executive

Glasgow-based engineering giant Weir Group said it appointed David Paradis to its group executive as division president of Weir Flow Control, effective January 23. Paradis succeeds John…