Weir Group to acquire Micromine from Potentia Capital for A$1.3bn.​

Weir Group, a global engineering company specializing in mining equipment and technology, agreed to acquire Micromine, a leading provider of mining software solutions, from Potentia Capital, a private equity firm, for A$1.3bn.​ “The acquisition of Micromine is a significant step in our strategy of investing in technology to accelerate smart, efficient and sustainable mining. The combined force of Micromine and Weir will create a sector-leading globally scaled platform to optimise performance across the mining process," Jon Stanton, Weir Group CEO.