Weir to acquire Townley for $150M

Weir Group has entered into a binding agreement to acquire Townley Engineering and Manufacturing Co. and Townley Foundry & Machine Co. for an enterprise value of £111 million ($150 million). Townley is a manufacturer of mining wear and abrasion solutions based in Ocala, Florida.

“The acquisition of Townley will significantly enhance our geographic presence in North America, enabling us to serve customers in the region more effectively and sustainably.”gulfoilandgas.com

• 3 sources
• gulfoilandgas.comWeir to Acquire Townley - Mergers and AcquisitionsJun 18, 2025
• townley.netA New Chapter for Townley! - Townley EngineeringMarketing DepartmentJun 19, 2025
• im-mining.comMining mergers and acquisitions Archives - Page 5 of 57 - International MiningAug 6, 2025

Summarized from public sources; check the original articles before acting on it.