Weir Group receives offer on Oil & Gas division

Weir Group receives offer on Oil & Gas division

The Weir Group has entered into an agreement to sell its entire Oil & Gas division for an all-cash US$405 million to Caterpillar Inc. This follows the announcement in February 2020 that Weir would seek to maximise value from its Oil & Gas division as it continued its strategic transformation into a premium mining technology pure play.  Delivering transformation of […]

The post Weir Group receives offer on Oil & Gas division appeared first on Pump Industry Magazine.

Read rest of article
Source: Pump Industry Magazine