19-Jul-2013 Source: Brabners
Leading North West law firm Brabners has advised Bristow Helicopters Limited on its sale of 50% of FB Heliservices Limited to Cobham plc for £74 million announced today.
Bristow is the leading provider of helicopter services to the worldwide offshore energy industry in addition to providing search and rescue services in various countries across the world. Earlier this year it was awarded a 10-year contract to run the UK Search and Rescue helicopter service from 2015.
FB Heliservices provides training, helicopters, engineering support and specialist manpower to military and government agencies worldwide.
Brabners Corporate Partner, David Bowcock led the team advising Bristow Helicopters on the sale.
The legal team at Brabners also included Partner Liz Graham, Senior Associate Colin Bell and Associates Mark Morrell and William Ngan.