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Apr 19, 2018ACQUISITION
Weir Group to acquire ESCO Corporation for US$1,285m
Weir Group agreed to acquire US surface mining parts maker ESCO Corporation in a cash and share deal valued at US$1,285 million, announced on 19 April 2018. The transaction is expected to complete early in Q3 2018.
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“Today we are announcing an important development of our portfolio as we focus on building on our core strengths in minerals and oil and gas.”global.weir
- 3 sources
- global.weirWeir announces US$1,285m acquisition of ESCO Corporation and intention to sell Flow Control Division | WeirApr 19, 2018
- bbc.comWeir Group to buy mining tools maker Esco in $1bn dealApr 19, 2018
- mining-technology.comWeir Group acquires mining parts manufacturer Esco for $1.05bn - Mining TechnologyApr 20, 2018
Summarized from public sources; check the original articles before acting on it.