Weir Group Expands Mining Software Portfolio with Fast2Mine Acquisition

Acquisitions

Summary

Weir Group has completed its acquisition of Fast2Mine, a Brazil-based software company focused on mine management solutions. The deal expands the Micromine portfolio with complementary products for open pit planning and underground mine management. Weir expects the acquisition to strengthen its position in South America and support further international growth. The company says the transaction will not change its full-year financial guidance and that leverage remains within target.

Classifications

industries
Energy & Natural Resources
applications
Business Intelligence

AskAI Classifications

Labels
Mining Industry Software Mine Management Software Geological Modeling Software

Linked Companies

Micromine
$50M to $100M
Fast2Mine
$10M to $25M