Holder | Position | Change | Date | |
---|---|---|---|---|
Balyasny Asset Management (UK) LLP | 0.6% | 0 | 03-Jul-2024 | View History |
Weir Group Plc, traded as Weir on the London Stock Exchange (LSE), is a multinational engineering company.
Founded in 1871 by brothers George and James Weir¹², it began as G & J Weir Ltd, producing innovative pumping equipment primarily for the Clyde shipyards and the steam ships built there¹². The company is headquartered in Glasgow, Scotland. Weir Group is a constituent of the FTSE 100 Index on the London Stock Exchange Group (LSEG).
Over the years, Weir has made several acquisitions, including Warman International and SPM, positioning it at the forefront of Mining and Oil & Gas markets. In 2018, Weir made its biggest acquisition to date when it bought ESCO for $1.3bn, affirming its status as a leading mining technology business. Weir also sold its Oil & Gas and Flow Control divisions to become a focused mining technology leader in 2021.