CHC Helicopter Group (CHC) has completed the 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 around 30 aircraft across the U.K., Denmark, and Australia.
Babcock International's operations in the U.K., Australia, and Denmark will be held separately and will 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 one of the world's leading providers of helicopter transportation to oil and gas, search and rescue and renewables customers.”
