WEIR GROUP
$120m 2014 revenues from Trio
Comminution is the process of crushing large rocks, grinding them smaller and then screening them to allow the larger ones to be crushed again. It is used in mining to make the ores in the rocks easier to get at.
This is what the machinery made by Trio does. The company is being bought by Weir Group as something of a consolation prize for its failure to acquire Metso of Finland in the summer.
The Metso deal was worth €4.5 billion (£3.6 billion); Weir is paying $220 million for Trio, a much smaller business. Metso is one of the top three in the market, with sales of more than $4 billion; Trio’s sales are $120 million, though admittedly