# Weir Group to acquire ESCO Corp for $1.2 billion

Weir Group has entered an agreement to acquire ESCO Corporation for $1.2 billion. ESCO is a US-based mining equipment maker with operations in 19 countries.

- Type: Acquisition
- Announced: 2020-05-17
- Where: Portland, Oregon, United States
- Value: $1.20B
- Status: announced
- Products: mining equipment
- 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

- [miningdigital.com](https://miningdigital.com/automation-and-ai/weir-group-acquire-esco-corp-dollar12-billion), 2020-05-17: "Leveraging Weir's global network will significantly increase the number of direct customer relationships available to ESCO."

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