# Weir Group completes acquisition of Fast2Mine

Weir Group has completed its acquisition of Belo Horizonte-based Fast2Mine, adding an open-pit fleet and maintenance management platform. Fast2Mine joins Weir's new Software Solutions group.

- Type: Acquisition
- Announced: 2025-11-30
- Where: Chile, Chile
- Value: $75.0M (56.0M GBP)
- Status: completed
- Products: open-pit fleet management platform, maintenance management platform
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Weir Group](https://endata.com/companies/797.md) (acquirer)
- [ESCO Elecmetal Fundición Limitada](https://endata.com/companies/70481.md) (target)
- [Fast2Mine](https://endata.com/companies/87325.md) (target)
- [Elecmetal](https://endata.com/companies/89121.md) (partner)
- [Elecmetal](https://endata.com/companies/89121.md) (target)

## Sources

- [geomechanics.io](https://www.geomechanics.io/news/article/fast2mineweir-integration-fleet-data-fms-and-mms-takeaways-for-mine-engineers?category=software), 2025-11-30: "Weir Group has completed its acquisition of Belo Horizonte-based Fast2Mine, adding an open-pit fleet and maintenance management platform that already supports over 85 mines."
- [investormeetcompany.com](https://www.investormeetcompany.com/companies/weir-plc/rns/4484279/view), 2025-12-12: "We are delighted to have reached this agreement to acquire the remaining share of our ESEL joint venture in Chile following a long and successful partnership with Elecmetal."
- [investegate.co.uk](https://www.investegate.co.uk/index.php/announcement/rns/weir-group--weir/weir-to-acquire-esel/9293296), 2025-12-12: "This acquisition will enhance Weir's direct market channels and manufacturing capabilities in South America, accelerating its go-direct strategy and increasing foundry capacity."
- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/weir-group--weir/weir-to-acquire-esel/9293296), 2025-12-12: "This acquisition will enhance Weir's direct market channels and manufacturing capabilities in South America, accelerating its go-direct strategy and increasing foundry capacity."
- [im-mining.com](https://im-mining.com/2025/12/12/weir-to-strengthen-south-american-ground-engaging-tools-position-with-esel-acquisition/), 2025-12-12: "This strategic move will not only strengthen the company's ability to serve customers across South America, but also enable further optimisation of its manufacturing footprint globally."
- [mining.com](https://www.mining.com/weir-to-acquire-esco-elecmetal-fundicion-limitada-for-75-million/), 2025-12-12: "This strategic move strengthens our ability to serve customers across South America, expands our foundry capacity in the region and, with our world-class engineering capabilities, will enable further optimization of our manufacturing footprint globally."
- [redimin.cl](https://www.redimin.cl/elecmetal-redefine-su-estrategia-global-tras-acordar-la-venta-de-su-participacion-en-esel-a-weir), 2025-12-13: "La operación marca un giro estratégico de Elecmetal hacia la expansión internacional y la diversificación de su portafolio industrial."
- [world-mining-equipment.com](https://world-mining-equipment.com/newsitem/news-3171), 2026-01-12: "This strategic move strengthens our ability to serve customers across South America, expands our foundry capacity in the region and, with our world-class engineering capabilities, will enable further optimisation of our manufacturing footprint globally."
- [geomechanics.io](https://www.geomechanics.io/news/article/weirs-full-acquisition-of-esel-in-chile-supply-chain-and-wear-parts-lens-for-mines), 2026-03-03: "Weir has acquired the remaining 50% of Chile-based ESCO Elecmetal Fundición Limitada (ESEL), taking full ownership of the ground engaging tools manufacturer previously operated as a joint venture."
- [world-mining-equipment.com](https://world-mining-equipment.com/news/listings/all/ground-engaging-tools), 2026-05-28: "Weir has agreed to acquire the remaining 50% share of its Chile-based joint venture, ESCO Elecmetal Fundición Limitada (ESEL), consolidating full ownership of the business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.