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Will acquires Brazilian mining software company Fast2Mine
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Release time：2025-09-26
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This acquisition is expected to strengthen Wels's existing software offerings, particularly its Micromine suite of mine planning and control software.
Weir Group has signed a binding agreement to acquire Fast2Mine Tecnologia e Desenvolvimento de Sistemas Ltda (Fast2Mine), a Brazil-based company specializing in mining software solutions. Fast2Mine offers a Software-as-a-Service (SaaS) platform that includes modules such as material management, mine optimization, short-interval control, fleet management, and asset health diagnostics. The platform is already deployed across 84 mines in Argentina, Brazil, Chile, Guyana, Liberia, and Mexico. This acquisition is expected to strengthen Weir’s existing software portfolio, particularly its Micromine suite, which provides advanced software for mine planning and control.
Weir CEO Jon Stanton stated: "The acquisition of Fast2Mine will accelerate our expansion into the South American mining software market and help us establish a strong, direct business presence in Brazil—home to some of the world’s largest mineral deposits." "Fast2Mine’s software platform is a highly complementary addition to Weir’s existing mining software suite, creating meaningful synergies with Micromine’s Alastri open-pit mine planning solution, as well as fostering proximity to Micromine’s Pitram underground fleet management tool. We’re thrilled to welcome Fast2Mine to Weir and excited about the opportunity to further advance our vision of digitally optimizing mining operations." This acquisition aims to integrate Fast2Mine’s cutting-edge technology with Weir’s comprehensive software portfolio, enhancing the services offered for both surface and underground mining operations. Weir emphasized that this strategic move aligns perfectly with its goal of expanding its influence in the mining software sector. By incorporating Fast2Mine’s innovative solutions, Weir seeks to deliver integrated, end-to-end solutions that address the industry’s evolving needs. The company also confirmed that its financial forecasts for revenue, operating profit, and leverage ratio, as of July 31, 2025, remain unchanged.
This June, Will signed the final agreement to acquire Townley Engineering and Manufacturing, along with Townley Foundry & Machine (Townley), for £111 million ($150 million). The acquisition is expected to strengthen Will's manufacturing capabilities and market presence in North America, particularly within the critical phosphate industry.
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