CHC acquires Babcock International’s offshore aviation business
Maintenance provider CHC Helicopter Group (CHC) has acquired 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 around 30 aircraft across the UK, Denmark and Australia.
Babcock International’s operations in the UK, Australia, and Denmark will be held separately and operate independently from CHC, while CHC seeks approval from the relevant competition authorities in the UK and Australia.
David Balevic, CHC President and Chief Executive Officer, said: “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 a provider of helicopter transportation to oil and gas, search and rescue and renewables customers.”
Meanwhile, earlier this year Babcock was awarded a contract extension to continue delivering a search and rescue service in support of people working in the North Sea.