M&A Deal Summary

Major Drilling Group International Acquires Explomin Perforaciones

On November 5, 2024, Major Drilling Group International acquired business services company Explomin Perforaciones for 85M USD

Acquisition Highlights
  • This is Major Drilling Group International’s 1st transaction in the Business Services sector.
  • This is Major Drilling Group International’s largest (disclosed) transaction.
  • This is Major Drilling Group International’s 1st transaction in Peru.

M&A Deal Summary
Date 2024-11-05
Target Explomin Perforaciones
Sector Business Services
Buyer(s) Major Drilling Group International
Deal Type Add-on Acquisition
Deal Value 85M USD

Target

Explomin Perforaciones

Lima, Peru
Explomin Perforaciones is a specialty drilling contractor that offers a wide array of specialized services including deep hole, directional, and high-altitude drilling, supplemented by a stable base of underground drilling operations. Explomin Perforaciones is based in Lima, Peru.

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Buyer(S) 1

Buyer

Major Drilling Group International

Moncton, New Brunswick, Canada
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Major Drilling Group International is a drilling services companies primarily serving the mining industry. Major Drilling Group International was founded in 1980 and is based in Moncton, Canada.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Peru) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 McKay Drilling

Wangara, Australia

McKay Drilling is a specialty drilling contractor. McKay Drilling is based in Wangara, Australia.

Buy $37M
Mergr

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