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  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

  • 10 Jul 2015 : Niles, Michigan cquisition of Delta Industrial Valves: Weir Minera

    Acquisition of Delta Industrial Valves: Weir Minerals expands valve offering The Weir Group PLC ("Weir") has agreed to acquire Delta Industrial Valves Inc. ("Delta" or "the Company"), a leading US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million. Based in Niles, Michigan, Delta employs approximately 70 people and generated EBITDA of approximately US$6.2 million over the last twelve months. Initial consideration of US$37 million will be payable on completion of the acquisition, US$21m in cash (funded from existing bank facilities) and US$16m in new equity , enabling the owners of Delta to share in the future benefits of the combination. Up to a further US$10m in cash will be paid over the next 18 months, contingent upon the business meeting certain profit growth targets. For more information on our Delta acquisition, please see the press release, available here: http://www.weir.co.uk/media/press-releases/news/2015/07/acquisition-of-delta-industrial-valves-inc Click for more...

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