Orica, a provider of commercial explosives and innovation blasting systems, is set to acquire Exsa, a Peru-based manufacturer and distributor of industrial explosives for $202m. “We are very pleased to announce the acquisition of Exsa, which will immediately establish Orica as the number one player in Peru, Latin America’s highest growth market, and transform Orica’s entire Initiating System footprint," Alberto Calderon, Orica Managing Director and CEO.