Second French acquisition for Weir

Tuesday 15 September 1998 00:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Second French acquisition for Weir

WEIR GROUP,the world's sixth biggest pump-maker, has made its its second bolt-on acquisition in France within a month, buying Schabaver from Sterling Fluid Systems for Fr47m (pounds 5m). Weir said Schabaver and its associated company, Fabrimecan, would complement the slurry pump operations of its EnviroTech Pumpsystems unit. Last month it paid Fr80m for Sebim Holding, a family-owned valve and actuator manufacturer. Weir said the Schabaver deal would increase its manufacturing network to 30 plants in 14 countries.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Second French acquisition for Weir

Join our commenting forum

Thank you for registering