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By Jenny Lescohier02 February 2021 Caterpillar reportedly paid $405 million for Weir Oil & Gas
Caterpillar Inc. has completed its acquisition of Weir Oil & Gas to launch SPM Oil & Gas.
In October, Caterpillar announced its agreement to acquire Weir Oil & Gas for US$405 million from the Weir Group, a Scotland-based global engineering business.