# 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.

- Type: Acquisition
- Announced: 2025-06-18
- Where: Ocala, Florida, United States
- Value: $150.0M (111.0M GBP)
- Jobs: 360
- Status: announced
- Products: slurry pumps, dredge pumps, valves, urethane parts, hoses, rubber linings
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Weir Group](https://endata.com/companies/797.md) (acquirer)
- [Townley Engineering and Manufacturing Co.](https://endata.com/companies/85422.md) (target)
- [Townley Foundry & Machine Co.](https://endata.com/companies/85423.md) (target)
- [Townley Engineering](https://endata.com/companies/85487.md) (target)

## Sources

- [gulfoilandgas.com](https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=1066512), 2025-06-18: "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."
- [townley.net](https://www.townley.net/a-new-chapter-for-townley-june-2025/), 2025-06-19: "We are proud to announce that the terms of our collaboration have been formally accepted by both parties and that upon closing, which is subject to certain regulatory requirements, Townley will join the distinguished Weir group."
- [im-mining.com](https://im-mining.com/category/mining-mergers-and-acquisitions/page/5/), 2025-08-06: "Weir has entered into a binding agreement to acquire US-based businesses Townley Engineering and Manufacturing..."

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