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LONDON - The Weir Group PLC (OTC:WEGRY) (LSE:WEIR) announced Tuesday it will recommend EY LLP as its new external auditor following a competitive tender process. The engineering company plans to put the appointment to a shareholder vote at its 2026 Annual General Meeting.
PwC LLP, which has served as Weir’s external auditor since 2016, will continue in the role through the completion of the 2025 financial year audit. PwC will officially cease as the company’s external auditor at the conclusion of the 2026 AGM.
The decision to change auditors came after a formal competitive tender process overseen by Weir’s Audit Committee, which evaluated each participant’s offering before making its recommendation to the Board.
Founded in 1871, Weir Group (LON:WEIR) specializes in engineering solutions for mining and infrastructure sectors, with approximately 12,000 employees operating in over 50 countries. The company’s shares trade on the London Stock Exchange (LON:LSEG), with American Depositary Receipts trading over-the-counter in the United States.
The announcement was made in a company press release statement.
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