3rd Oct 2005 15:33
Weir Group PLC03 October 2005 3 October 2005 COMPLETION OF PURCHASE OF POMPE GABBIONETA S.p.A. On 15 August 2005, The Weir Group PLC announced the signing of an agreement topurchase 100% of the issued share capital of Pompe Gabbioneta SpA, a specialistpetrochemical pump business located in Milan, Italy. The transaction wascompleted on 30 September 2005 when the consideration for the purchase of €100mwas paid in cash. The acquisition is in line with Weir's strategic objective togrow its Clear Liquid business in higher margin, high growth specialist markets. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Weir Group