Mr Marcus McGowan MSc PgDip BA (Hons)

This Business Education Learning Blog is aimed primarily at Higher Business Management students/teachers and ICT students/teachers.

The aim of this blog is to provide you with interesting articles, news, trivia as well as resources or links to materials which will help in your course of study.

I am a Teacher of Business Education and I have written for Education Scotland and BBC Bitesize.

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Showing posts with label Weir Group. Show all posts
Showing posts with label Weir Group. Show all posts

Wednesday, 23 November 2011

Weir Group buy US firm

Engineering firm Weir Group has bought America's Seaboard Holdings, in a deal worth £430m.

The deal will boost its presence in the booming shale oil and gas industry in the US.

Texas-based Seaboard's expertise lies in "fracking", or fracturing, of shale formations to develop "unconventional" reserves of oil and gas.

Glasgow-based Weir said the deal would be complementary to its current business.

It said there had been "rapid growth" in demand for Seaboard's products and services.

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