THE WEIR GROUP PLC
15 December 2011
Completion of acquisition of Seaboard Holdings Inc.
Further to our announcement on 23 November 2011 regarding the proposed acquisition of the wellhead solutions provider Seaboard Holdings Inc. ("Seaboard"), The Weir Group PLC confirms that the acquisition of Seaboard completed on 14 December 2011.
Terms used in this announcement have the same meaning as set out in the announcement dated 23 November 2010.
Contact details: The Weir Group PLC
Vicky Ferrier, Head of IR and Communications Tel. 0141 302 3782
Jonathan Milne, Communications Manager Tel: 0141 308 3781/0771 378 9536
The Maitland Consultancy Tel. 020 7379 5151
Peter Ogden/Rowan Brown
About The Weir Group PLC
Weir, a FTSE 100 company, is a global provider of engineering solutions to the minerals, oil and gas and power sectors. Our commitment to engineering excellence, research and customer focus extends equipment wear life and operational capability in some of the world's most challenging environments.
Weir is committed to going where our customers go, with a worldwide network of more than 140 manufacturing facilities and service centres. The business has a presence in more than 70 countries, with 13,000 staff around the world working in our three divisions; Minerals, Oil & Gas and Power & Industrial. Weir's customer base includes the world's largest mining houses, major oil services businesses and nuclear and conventional power generation companies.
Annual revenues were more than £1.65 billion in 2010, of which more than half came from the provision of services and aftermarket support. Emerging markets contributed 39% of overall Group revenues.
See www.weir.co.uk for further information.