◂ Announcements

Mining Equipmentworld trade 2024+3.1% 5Y CAGR

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Aug 28, 2025ACQUISITIONUnited States

Weir completes acquisition of Townley for £111m

Weir completed the acquisition of Townley Engineering and Manufacturing Co. and Townley Foundry & Machine Co. for an enterprise value of £111 million (US$150 million), effective August 28, 2025.

Value

$150.0M (111.0M GBP)

Status

Completed

Productsengineered products for minerals processing

CompaniesWeir Group acquirer Townley Engineering and Manufacturing Co. target Townley Foundry & Machine Co. target

Sectors#Mining Equipment #Industrial Machinery

“Weir has completed the acquisition of Townley Engineering and Manufacturing Co., Inc. and Townley Foundry & Machine Co., Inc. (combined 'Townley'), effective today.”markets-data-api-proxy.ft.com

1 source
markets-data-api-proxy.ft.comWeir completes acquisition of Townley – Company Announcement - FT.comAug 28, 2025

Summarized from public sources; check the original articles before acting on it.

More from Weir Group

profile ▸

Loading…