Weir completed the acquisition of Townley for £111m.

Weir, an engineering company, completed the acquisition of Townley, a manufacturer of high-quality engineered products for minerals processing, for £111m. “We are delighted to welcome Townley to Weir. Townley is a highly complementary addition; completing this acquisition will further strengthen Weir’s presence in North America, increasing our footprint in the attractive phosphate market, a key mineral in modern fertilisers," Jon Stanton, Weir CEO.