Xcalibur Multiphysics completes the acquisition of MPX Geophysics, strengthening its presence in America

Xcalibur Smart Mapping Acquisition of MPX Geophysics

Xcalibur Multiphysics, global leader in integrated project and solutions for airborne geophysics and applied technology, is pleased to announce the successful acquisition of MPX Geophysics, a Canadian-based company with a presence in Latin America

This acquisition represents a significant step in Xcalibur Multiphysics’ growth strategy in America and reflects its commitment to growth by offering state-of-the-art geophysical solutions in the region.

The purchase includes the comprehensive acquisition of 100% of the shares and geophysical services of MPX Geophysics. We are proud to welcome MPX Geophysics to the Xcalibur Multiphysics family,” said Xcalibur Multiphysics CEO Andres Blanco, “This acquisition is a key milestone in our journey to consolidate Xcalibur Multiphysics’s leadership internationally and particularly in America”.

Daniel McKinnon, president and owner of MPX, said: “from our perspective, this acquisition transaction affords the former MPX team a tremendous opportunity to be part of a progressive organization providing access to a wider variety of geophysical surveying technologies that will enhance our capacity to provide effective exploration solutions to clients.

Through this acquisition, Xcalibur Multiphysics will strengthen its team in Latin America with the integration of the MPX Geophysics management team into Xcalibur Multiphysics. Marco Nieto, formerly Vice-president at MPX, will join as Business Development Manager where he will utilize his extensive experience and knowledge obtained over years of working in South America.

The expectation is that there will be a smooth and seamless transition into Xcalibur Multiphysics for the remaining MPX team members, without any overlap of key positions, including Business Development, Senior Geophysicists, Project Managers and Engineers. We look forward with keen anticipation to contributing meaningfully to Xcalibur Multiphysics’s thrust to become a World leader in Geophysics”.

As for Davin Allen, CEO of Xcalibur Multiphysics in Canada, he said: we see this acquisition as a pivotal step in expanding our presence in Central and South America. Daniel has done an exceptional job in building a fantastic team with a high degree of experience and an especially in-depth understanding of the intricacies of geophysical survey operations in the region.

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