Total of £55m spent on the deals, which will be funded from existing banking facilities
Weir Group has announced it has made three acquisitions in three different countries collectively valued at £55 million.
The Glasgow-based engineering group has acquired the Canadian-based R Wales group of companies, a manufacturer of specialist rubber and wear resistant linings for the mining, minerals processing and oil sands industries.
Weir said R Wales, which operates facilities in British Columbia and Ontario in Canada as well as a US facility in Arizona, will enhance its presence in the global mining and oil sands markets.
Last year the Wales Group generated revenues in excess of $30 million.
Weir Group has also acquired the business and assets of the Cheong foundry in Malaysia, which supplies casings to a number of industries, including mining and power.
In addition, Weir has also acquired the plant, equipment and buildings of Xmeco Foundry Pty Ltd, a specialist large casting foundry in Port Elizabeth, South Africa.
Weir said all three acquisitions will be funded from its existing banking facilities.
Weir chief executive Keith Cochrane said: "The R Wales Group and the Cheong and Xmeco foundries enhance the group's presence in important growth markets.
“The Wales Group develops our leading aftermarket offering in the minerals and oil sands sectors, while the Cheong and Xmeco foundries expand our low cost capacity in the fast growing regions of Asia-Pacific and Africa, enabling us to deliver quality products more quickly to our customers."