Micromine is a leading provider of software solutions tailored for the mining industry. The company offers a comprehensive suite of services from exploration to mine operations, focusing on innovative technologies to enhance productivity. Micromine has shown robust growth with a significant share of revenue from recurring SaaS subscriptions. Its software is designed to optimize mining processes and operations.

Perth

Micromine

The Weir Group PLC is a UK-based engineering company specializing in providing mining technology and solutions. They focus on sustainable practices and innovation in the mining sector. The company aims to offer solutions that enhance efficiency and performance in various mining operations.

https://www.global.weir/

Glasgow

The Weir Group PLC

Weir Group announced an agreement to acquire Micromine for £657 million. The acquisition is expected to close in the second quarter of 2024. The purchase will be funded through existing cash and new debt. Weir anticipates maintaining a net debt-to-EBITDA below 2x by the end of 2025.

Weir Group to acquire Micromine for £657m

Weir Group to acquire Micromine for £657m

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