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CHC Groups to acquire Oil & Gas business of Babcock International

CHC Group, LLC is one of the world’s leading helicopter services and maintenance, repair and overhaul providers
The business provides offshore oil and gas crew transportation services in the UK, Denmark and Australia

CHC Group, LLC is one of the world’s leading helicopter services and maintenance, repair and overhaul providers.

11 March 2021: CHC Group has entered into a conditional agreement foracquisition of the Oil and Gas aviation business of Babcock International Group.  CHC Group, LLC is one of the world’s leading helicopter services and maintenance, repair and overhaul providers.

The business provides offshore oil and gas crew transportation services in the UK, Denmark and Australia. It is headquartered in Aberdeen (UK), employs over 500 people and operates around 30 aircraft across its three locations.

The deal, which is subject to pre-closing conditions, is expected to complete in the second calendar quarter of 2021.  It is intended that CHC will seek clearances for the transaction from antitrust authorities in the UK and Australia, though completion is not conditional upon such clearances being received.