Cases & Deals

Weir Group acquires SPM Flow Control for $653 million

Client(s) Weir Group PLC, The

Jones Day advised The Weir Group PLC in its $653 million acquisition of SPM Flow Control, Inc. SPM Flow Control, based in Fort Worth, Texas, is a manufacturer of high-pressure well service pumps and related flow control equipment, which operate in abrasive, high-wear applications in oil and gas drilling and extraction. In addition to M&A representation, Jones Day provided antitrust (with clearance by the Federal Trade Commission), employee benefits, environmental, intellectual property, real estate, and tax advice.