This follows the announcement on 28 February 2025 of an agreement to acquire Micromine, a global leader in mining software solutions, for a sterling equivalent enterprise value of GB£624 million (AUS$1310 million).
The business will be led by Kristen Walsh, previously Regional Managing Director of Minerals APAC, who is appointed Division President – Digital Solutions, and joins the Group Executive reporting to Jon Stanton. Andrew Birch, the current CEO of Micromine, will remain with Weir for up to 12 months supporting Kristen in an advisory capacity.
In due course, Weir intends to bring together Micromine solutions with MOTION METRICSTM and NEXT intelligent solutions, to create a sector-leading combined digital solutions offering for the mining industry. In the meantime, Micromine will be reported externally within the ESCO Division.
Jon Stanton, Chief Executive Officer said:
“We are delighted that Micromine has formally become part of Weir. Micromine is a high performing, high growth business of scale, and is a natural and complementary fit for Weir.
“Weir’s mission is to deliver mining technology for a sustainable future, helping the mining industry produce the metals needed to power the global energy transition. Digital has a big part to play, and Weir is innovating and investing in digital solutions to make mining smarter, more efficient and sustainable.
“Bringing together Micromine with our existing digital technologies, our vision is to create a digital platform that helps our customers optimise their performance at each step along the mining value chain. This is about bringing together Weir’s knowledge, capabilities and expertise to create sector-leading digital solutions for the mining industry.”