Is Caterpillar buying Weir?

The Weir Group PLC is pleased to announce that it has completed the sale of its Oil & Gas division to Caterpillar Inc. The sale, for an enterprise value of $405m, subject to customary working capital and debt-like adjustments, was first announced on 5 October 2020 and approved by Weir Shareholders on 23 November 2020.

Who bought Weir?

Caterpillar Inc.
DEERFIELD, Ill. – Caterpillar Inc. (NYSE:CAT) has signed an agreement to acquire the Oil & Gas Division (“Weir Oil & Gas”) of the Weir Group PLC, a Scotland-based global engineering business.

Who owns Weir Oil and gas?

Weir Oil & Gas, Inc./Parent organizations
Caterpillar Inc. (NYSE:CAT) announced Feb. 2 it has completed its acquisition of the Oil & Gas Division (Weir Oil & Gas) of the Weir Group PLC, a Scotland-based global engineering business.

How many employees does Weir have?

Weir Group has more than 10,000 employees.

Where can I find Weir Group annual report?

The Annual Report and Accounts for the year ended 2020 can be viewed here. If you are a Shareholder and you would like to receive future communications electronically, including the Notice of Meeting and Annual Report & Financial Statements, you can register your email address with our Registrars.

When is Weir Group 2019 Capital Markets day?

Visit our dedicated page to download all of the presentations and watch full coverage of our 2019 Capital Markets Day held in Venlo, Netherlands on December 6th 2019.

When does the Weir Group 2020 results come out?

Q1 IMS Call – Click the button to listen to a recording of our Q1 2021 IMS call, held on Thursday April 29th at 08:00 BST. Download a copy of The Group’s 2020 Full Year Results press release.

Where did Weir Group win iron bridge contract?

The Group has won a £95m order to provide aftermarket components and service to the Iron Bridge magnetite Project in Western Australia. Learn more about the contract win and watch the video on our relationship with the Iron Bridge project taken from our Capital Markets Day in 2019.