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Seaboard Holdings Inc
On 23 November 2011, the Weir Group announced that acquired
Seaboard Holdings Inc, based in Houston, Texas. Seeboard is an
independent wellhead solutions provider focused on the growing
North American unconventional oil and gas drilling and production
markets.
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HIM Tech
On 22 June 2011, the Weir Group announced that it had agreed to
acquire a 60% interest in the South Korean valves business formerly
operated by HIM Tech Co Ltd. A new Korean company, Weir
International, was created into which the HIM Tech valves business
had been transferred. The new company is located in Ansan, near
Seoul and designs and manufactures control and choke valves for
severe service power generation and oil & gas applications.
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Ynfiniti Engineering Services (YES)
On 21 December 2010, the Weir Group announced that it had
purchased a majority shareholding in wind power specialist,
Ynfiniti Engineering Services SL, based in Madrid, Spain with
subsidiaries in Portugal, Italy and the USA. The company provides
operating and maintenance services to the growing installed base of
wind turbines.
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Chinese JV
On 24 November 2010, the Weir Group and Shengli Oilfield
Highland Petroleum Equipment Co. Ltd announced the formation of a
joint venture to provide high-pressure well service pumps and
related flow control equipment to the developing shale gas industry
in China.
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American Hydro
On 18 November 2010, the Weir Group announced that it had
acquired American Hydro Corporation, a manufacturer of
high-efficiency turbine components for hydro-electric power
generation, based in York Pennsylvania.
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BDK
On 2 September 2010, the Weir Group announced that it had agreed
to acquire the valves business of BDK Engineering Industries
Limited with completion in October 2010. BDK a family owned
business based in Hubli, Karnataka, India manufactures valves for
the oil & gas, petrochemical and power markets.
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Linatex Group of Companies
On 14 June 2010, the Weir Group was pleased to announce that it
had agreed to acquire Linatex Consolidated Holdings Limited for
US$200m (£138m), a global provider of wear-resistant products to
the mining and sand & aggregates industries, based in Kuala
Lumpur, Malaysia.
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Petroleum Certification Services
On 5 March 2010, the Weir Group purchased the company Petroleum
Certification Services Pty Limited, an Australian based specialist
inspection and recertification business, for AUS$7m.
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Standard Oilfield Services Ltd
On 4 July 2008, the Weir Group announced that it had completed
the acquisition of a 75% shareholding in Standard Oilfield Services
Limited for a cash consideration of c$16million.
Download the full Press
Release: SOS
acquisition [19 KB]
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Mesa Manufacturing Inc.
On 24 June 2008, the Weir Group announced that it had completed
the acquisition of Mesa Manufacturing inc. for a cash consideration
of $40million.
Download the full Press Release: Mesa acquisition [19
KB]
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CH Warman Pump Group
On 4 December 2007, the Weir Group was pleased to announce that
it had agreed to acquire the CH Warman Pump Group, a specialist
pump business primarily focused on serving the mining and minerals
processing industry throughout Africa, from Research and
Development Pty Limited and CH Warman Holdings Pty Limited.
Download the full Press Release: CH Warman acquisition [36
KB]
Download the Analysts Presentation:
CH Warman
acquisition presentation [944 KB]
The purchase of CH Warman was completed on 18 March 2008.
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Multiflo Australia Pty Ltd
On 21 August 2007, it was announced that the Weir Group had
signed an agreement to acquire Multiflo Australia Pty Ltd, a
privately-owned specialist mine dewatering pump business, for A$22m
with the full amount payable in cash at completion on 31 August
2007, subject to regulatory approvals.
Download the Analysts Presentation:
Multiflo acquisition
presentation [19 KB]
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SPM Flow Control, Inc.
On 21 June 2007, the Weir Group was pleased to announce that it
had agreed to acquire SPM Flow Control, Inc ("SPM") for US$653
million (£328 million). Anticipated revenues for calendar year 2007
were US$ 320 million (£161 million).
Download the full Press Release: SPM acquisition [102
KB]
Download the Analysts Presentation:
SPM acquisition
presentation [970 KB]
The acquisition was conditional upon shareholder approval, which
was sought and obtained at an Extraordinary General Meeting on 13
July 2007. Details of the proposed acquisition were set out in the
Class 1 Circular.
Download the Class 1 Circular: SPM circular [117
KB]
Download Result of Extraordinary General
Meeting: SPM EGM result
[10KB]
The purchase of SPM Flow Control, Inc. was completed on 19 July
2007.
