Announced

Completed

Major Drilling completed the acquisition of Explomin Perforaciones for CAD105m.

Synopsis

Major Drilling, a provider of specialized drilling services primarily serving the mining industry, completed the acquisition of Explomin Perforaciones, specialty drilling contractor based in Lima, Peru, for CAD105m. “We are very excited to welcome Explomin and its employees into the Major Drilling group. This acquisition is directly aligned with our strategic plan, offering us growth opportunities in new jurisdictions, a diversified revenue source with additional underground operations, and an expanded senior customer base with high operational standards," Denis Larocque, Major Drilling President & CEO.

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