About The Weir Group
The Weir Group is a company based in Glasgow (United Kingdom) founded in 1871.. The company has 11,869 employees as of January 31, 2022. The Weir Group has completed 10 acquisitions, including Carriere Industrial Supply, ESCO Corporation and Fast2Mine. The Weir Group offers products and services including Engineered Solutions and Pumps and Valves.
- Headquarter Glasgow, United Kingdom
- Employees 11869 as on 31 Jan, 2022
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Sectors
Natural Resources
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Email
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Phone
*********
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Website
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Social
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- Legal Name Weir Group Plc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$431.13 M (USD), Post-IPO
Jul 11, 2018
- Investors
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Employee Count
11869
as on Jan 31, 2022
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Investments & Acquisitions
Carriere Industrial Supply
& 9 more
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Products & Services of The Weir Group
The Weir Group offers a comprehensive portfolio of products and services, including Engineered Solutions and Pumps and Valves. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Engineered solutions are developed for industrial markets to enhance operational efficiency and reliability.
Pumps and valves are manufactured and supplied for fluid handling applications in various industrial sectors.
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Software Development Team
44 people
Leadership Team
16 people
Human Resources and Administration
13 people
Finance and Accounting
13 people
Legal and Compliance
9 people
Head Team
6 people
Product Management Team
6 people
Data Analysis and Operations Team
5 people
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Funding Insights of The Weir Group
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $431.1M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2018 | Amount | Post-IPO - The Weir Group | Valuation |
investors |
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| Feb, 2018 | Amount | Grant - The Weir Group | Valuation |
investors |
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| Jan, 2018 | Amount | Grant - The Weir Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Weir Group
The Weir Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Weir Group
The Weir Group has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Carriere Industrial Supply, ESCO Corporation and Fast2Mine. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-driven anomaly detection and predictive maintenance solutions are provided.
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2016 | ||||
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Software solutions for mining exploration and operations are provided.
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2012 | ||||
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Cloud-based software solutions for mining operations management are provided.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Weir Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Weir Group Comparisons
Competitors of The Weir Group
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Weir Group
Frequently Asked Questions about The Weir Group
When was The Weir Group founded?
The Weir Group was founded in 1871 and raised its 1st funding round 144 years after it was founded.
Where is The Weir Group located?
The Weir Group is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Who is the current CEO of The Weir Group?
Andrew Hall is the current CEO of The Weir Group.
How many employees does The Weir Group have?
As of Jan 31, 2022, the latest employee count at The Weir Group is 11,869.
What does The Weir Group do?
The Weir Group was established in 1871 in Glasgow, United Kingdom, with operations spanning globally. Engineered equipment, including pumps, valves, crushers, hydrocyclones, and screening systems, is produced for the minerals, oil gas, and power industries. Additional offerings encompass wellhead components, rubbers, and safety products. Services such as equipment relining, rebuilding, installation, automation, consulting, pilot processing, and residual life analysis are provided to support industrial applications.
What products or services does The Weir Group offer?
The Weir Group offers Engineered Solutions and Pumps and Valves.
How many acquisitions has The Weir Group made?
The Weir Group has made 10 acquisitions, including Carriere Industrial Supply, ESCO Corporation, and Fast2Mine.
Who are The Weir Group's investors?
The Weir Group has 1 investor. Key investors include European Union.