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.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jonathan Adam Stanton
- Full Time Employees
- 11,444
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 1 West Regent Street Glasgow SC United Kingdom G2 1RW
- IPO Date
- Apr 21, 2009
- Website
- global.weir
- Similar Companies
- Business
- The Weir Group PLC is a global engineering company that designs and manufactures engineered solutions for the mining, aggregates, infrastructure, and general industrial markets. Founded in 1871 and headquartered in Glasgow, Scotland, the company operates through segments including Weir Minerals, which provides ground engaging tools (GET), mine processing equipment such as pumps, valves, hydrocyclones, crushers, and slurry transportation systems including Warman pumps, GEHO piston pumps, and solid-liquid separation equipment; Weir ESCO brand products; tailings management solutions; and digital services like Motion Metrics, NEXT Intelligent Solutions, and Micromine software. Additional offerings encompass dewatering with Multiflo pumps, dredging equipment, recycling processing via Trio crushers, concentrate and filtration systems, field services, rebuild and repair services, and process optimization for customers in iron ore, copper, gold, phosphate, and quarrying sectors across over 70 countries with six foundries and 32 manufacturing sites. The company maintains a global footprint with operations emphasizing North America, Asia-Pacific, Latin America, and Europe, targeting mining operators, OEMs, and industrial clients seeking productivity, safety, and sustainability enhancements. Recent developments include the 2025 acquisition of Townley Engineering for $150 million to bolster phosphate market exposure and North American foundry capacity in Minerals; completion of the Micromine acquisition and Fast2Mine purchase to expand digital mining software for mine planning, control, and Latin American presence; a strategic partnership with Viking Analytics to advance digital offerings; and the Performance Excellence program targeting GBP 80 million in savings by 2026 amid Q3 2025 orders growth of 2% with original equipment up 15% and aftermarket up 10%. These initiatives support ongoing revenue expansion, with 2023 sales at GBP 2.2 billion driven by Minerals strength, and reiterated 2025 guidance for constant currency growth, 20% operating margins, and 90-100% free operating cash conversion.
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