Weir Group acquires Motion Metrics for £89 million

Scottish engineering firm Weir Group has acquired Vancouver-based mining technology company Motion Metrics for £89 million (approximately $150 million). Motion Metrics will become Weir's global centre for excellence in AI and machine vision technology.

“The combination of Weir and Motion Metrics will be extremely powerful and reflects our ambition to play a leading role in mining's technology transformation.”bcbusiness.ca

• 2 sources
• bcbusiness.caU.K. engineering giant acquires Vancouver-based mining tech biz Motion Metrics - BCBusinessThe EditorsNov 5, 2021
• ca.marketscreener.comThe Weir Group PLC completed the acquisition of Motion Metrics International Corp.MarketScreener CanadaNov 30, 2021

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