Mount Sopris Instruments Inc. (“MSI”), a leading U.S. manufacturer and distributor of geophysical equipment and software, and its parent company Advanced Logic Technology S.A. (“ALT”), a global leader in borehole imaging and geoscience software, announced today that their shareholders have entered into a binding agreement to sell 100% of the shares of both companies to IMDEX Limited (ASX: IMD), an Australian-listed mining technology group. The acquisition brings together three industry pioneers to create the most advanced integrated subsurface intelligence offering for exploration, development, and resource management.
A Strategic Combination
IMDEX’s acquisition of MSI and ALT unifies complementary strengths: – MSI’s rugged and dependable geophysical logging systems,
- ALT’s world-class borehole imaging instruments and industry-standard WellCAD software, and
- IMDEX’s global technology platform and cloud-connected subsurface intelligence solutions.
Together, the combined group will deliver deeper insights, faster decision-making, and enhanced global support for clients across the mining, geotechnical, water, and energy sectors. The partnership significantly expands MSI and ALT’s global reach and accelerates innovation across their product portfolios.
Shareholder Perspectives
John Weerstra, CEO of Mount Sopris Instruments, said:
"Mount Sopris Instruments has spent decades building a reputation for dependable equipment, thoughtful engineering and close relationships with the people who rely on our products and services every day. This next chapter allows us to carry that legacy forward in a much larger and more efficient way. By joining the IMDEX ecosystem, we gain the ability to reach new customers in parts of the world that have been difficult for a small manufacturer to support, while also strengthening the service and responsiveness our longtime partners expect from us. This is a defining step in our company’s history and one that opens the door for Mount Sopris to contribute even more to the future of subsurface insight and innovation."
Jean-Luc Deltombe, founder of ALT, commented*:*
“For over 30 years, ALT has delivered precision, reliability, and innovation in borehole imaging and downhole measurement. IMDEX’s acquisition is a proud moment for me, my fellow shareholder Annick Henriette, our management, and all our staff. IMDEX’s global platform and technical depth provide ALT and MSI the scale to accelerate innovation and deliver even greater value across mining, geotechnical, water, and energy sectors.”
Looking Ahead
IMDEX’s investment represents a strong vote of confidence in MSI and ALT’s vision, products, and teams. Both organizations will continue operating from their existing headquarters in Denver and Luxembourg, supported by IMDEX’s worldwide resources and capabilities. The transaction is subject to foreign direct investment approval in Luxembourg and other customary closing conditions, with completion expected in early 2026.
About Mount Sopris Instruments (MSI)
Mount Sopris Instruments, based in Denver, Colorado, is a leading manufacturer and distributor of borehole geophysical equipment and software for subsurface investigations, with a decades-long reputation for reliability, innovation, and customer support.
About Advanced Logic Technology (ALT)
Advanced Logic Technology, headquartered in Luxembourg, is a global leader in borehole imaging instruments and geoscience data processing software. Its flagship WellCAD platform is the industry standard for borehole data visualization and interpretation, supporting clients in more than 120 countries.
About IMDEX Limited
IMDEX Limited (ASX: IMD) is a global mining technology leader that enables resource companies and drilling contractors to safely find, define, and mine orebodies. Its integrated solutions combine advanced downhole sensors, cloud-connected technologies, and data analytics to deliver real-time subsurface intelligence for improved decision-making and operational efficiency.
Advisers
PwC Luxembourg, represented by Matt Moran, Mehdi Sribi, and Paolo Pomodoro, served as exclusive M&A advisor to the ALT shareholders. Vendor Assistance support was provided by Beril Akcicek and Pedro De Miranda. Legal counsel was provided by Tim Doll of Vertumnus.
Media Contacts
**Mount Sopris Instruments Inc.**John Weerstra, CEO Phone: +1 303 279 3211 Website: www.mountsopris.com**Advanced Logic Technology S.A.**Robert Schwetzke, CEO Phone: +352 28 56 151 Website: www.alt.lu