Weir Group to acquire mining tech company Micromine for $826M  

Weir Group[ announced Friday it has signed a deal to acquire Perth-based Mining Software Holdings Pty Ltd (Micromine), a company based in Perth, Australia, for a sterling equivalent enterprise value of £657m (US$826m) cash.  Micromine is a global software provider to the mining industry, with solutions across the upstream mining value chain. It supports critical mining operations from exploration through mine design and planning, operational scheduling and mining operations in hard ore, soft ore and underground applications.  “The acquisition of Micromine is a significant step in our strategy of investing in technology to accelerate smart, efficient and sustainable mining,” Weir chief executive Jon Stanton said in a news release.   “The combined force of Micromine and Weir will create a sector-leading globally scaled platform to optimise performance across the mining process. In Micromine, we are adding an established, high-quality business and proven performer that is complementary to Weir’s aftermarket-focused business model and current digital solutions,” Stanton said.  The deal is expected to close in Q2 2025. Weiter zum vollständigen Artikel bei Mining.com Weiter zum vollständigen Artikel bei Mining.com