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Major Drilling in its acquisition of Explomin Perforaciones for C$115M


Date

November 5, 2024

Office Involved

Value

115 Million CAD

On November 5, 2024, Major Drilling Group International Inc. (“Major Drilling”) announced its acquisition of Explomin Perforaciones, a leading South American specialty driller, for C$115 million.

Major Drilling provides drilling services, a variety of mine services, and ongoing development of data-driven, high-tech drillside solutions.

Explomin Perforaciones provides mining, oil & gas and construction solutions with top standards in drilling and related services.

McCarthy Tétrault advised Major Drilling with a team led by Hadrien Montagne and Louis-Charles Filiatrault that included Samuil Stoychev, Brianna Bernhardt (Corporate), Marie-Soleil Landry, Geneviève Favreau (Tax), Robert Glasgow (International Trade), Justine Lindner (Labour & Employment) and Eugen Miscoi (Cyber/ Data).

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