CHC Helicopter acquires Babcock International’s offshore operations
By Naomi Szeben
CHC Helicopter Group (CHC) announced the completion of its acquisition of Babcock International’s offshore oil and gas aviation business.
The acquisition reinforces CHC’s global position, increases its offshore crew transportation capacity and expands its fleet by roughly 30 aircraft across the UK, Denmark and Australia.
Babcock International’s operations in aforementioned countries will be held separately and operate independently from CHC, while CHC seeks approval from the competition authorities in the UK and Australia.
David Balevic, CHC President and CEO, said in a statement: “This acquisition is a great success, opening new and broader opportunities for CHC both in existing markets like Australia and the North Sea, and in new areas. It further cements CHC’s position as one of the world’s leading providers of helicopter transportation to oil and gas, Search and Rescue and renewables customers.”