# Weir Group completes acquisition of ESCO Corporation

The Weir Group has completed its acquisition of ESCO Corporation, effective July 12, 2018. The deal was announced in April 2018 at an estimated enterprise value of just under $1.3 billion, and ESCO will operate as a new Weir division.

- Type: Acquisition
- Announced: 2018-07-12
- Where: Portland, Oregon, United States
- Value: $1.30B
- Status: completed
- Products: wear parts, mining and construction equipment components
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Weir Group](https://endata.com/companies/797.md) (acquirer)
- [ESCO Corporation](https://endata.com/companies/3179.md) (target)

## Sources

- [vma.org](https://www.vma.org/news/409038/Weir-Group-Completes-Acquisition-of-ESCO.htm), 2018-07-13: "The Weir Group PLC has completed the acquisition of ESCO Corporation effective July 12."
- [worldpumps.com](https://www.worldpumps.com/content/news/pumps-mergers-acquisitions-review-q2-2018), 2018-07-17: "The Weir Group plc announced plans to acquire ESCO Corp, a global leader in surface mining ground engaging tools (GET), for an enterprise value of US$1.285 billion."

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