Paul Brunner, Chief Executive Officer of Boart Longyear, said the acquisition, which is EPS positive, is an excellent complement to Boart Longyear’s expanding North and Latin American footprints, enabling new presences in both Mexico and British Columbia. “This acquisition enables Boart Longyear to create a stronger presence in these regions and will add in excess of US$ 30 million revenue to the group,” Brunner said.

Britton Bros. Diamond Drilling, with a total of 30 drill rigs, is an industry leader in surface and underground mineral drilling, with an experienced team providing efficient, reliable and high quality service to its mining customer base. Brunner said that there is potential for Boart Longyear to expand the business further in Canada and Mexico and neighbouring countries through leveraging Boart Longyear’s global infrastructure and resources.

“We are still currently reviewing other acquisition opportunities which also support our strategic objectives,” he said.

About Boart Longyear

Boart Longyear is the industry’s only integrated drilling services and products provider, combining 24-hour engineering excellence, global manufacturing facilities and the most experienced drilling services group in the business. Our customers rely on our unique ability to develop, field test and deliver any combination of drilling consumables, capital equipment and expertise direct to any corner of the world.