The Chinese translation is being made; the original is shown for now.
Jon Stanton, Chief Executive Officer, Weir
“We are delighted to formally welcome Fast2Mine to Weir. Fast2Mine’s software is highly complementary with the Micromine portfolio, particularly the Alastri open pit mine planning and Pitram underground mine management solutions, and we are very excited by the opportunity to further accelerate our strategy to provide leading software solutions to the mining industry.
Fast2Mine will accelerate our expansion in the mining software market in South America, providing a strong and immediate presence in the region, and offers a significant opportunity for growth internationally.”
Integration and financial impact
Fast2Mine will be integrated within Micromine and reported within the ESCO division.
The acquisition does not result in a change to Weir’s full year revenue, operating profit, and leverage guidance as of 31 July 20251.
Notes:
1. Management expects net debt/EBITDA below 2x at 31 December 2025.
For more information and to download the press release, click here.