Weir has completed the acquisition of Mining Software Holdings, or Micromine, effective April 30.
The transaction was first announced on February 28.
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 said it intends to bring together Micromine solutions with its Motion Metrics and Next intelligent solutions to create a combined digital solutions offering for the mining industry.
In the meantime, Micromine will be reported externally within the ESCO Division.
“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,” said Jon Stanton, CEO.
“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.”
Source: global.weir