Orica acquires Exsa explosives factory in Peru

Orica announced the acquisition of Exsa's explosives factory in Lurin, Peru, with plans to increase capacity utilization from 15-30% to 80%. The deal includes $600 million capital raising and expected annual synergies of $18 million.

“They had a Ferrari … but they were running it like a small Ford.”scceu.org

• 1 source
• scceu.orgHow Orica snared a Ferrari of a factory - Supply Chain Council of European Union | Scceu.orgFeb 19, 2020

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