Babcock Denmark

Babcock sold offshore operation to CHC for just £10M ($14M)

Babcock sold offshore operation to CHC for just £10M ($14M)

2-Sep-2021

Stock exchange returns by parent company Babcock International Group plc reveal that the company realised just £10 Million (US$13.79 at today’s rate) from the disposal of its offshore helicopter operations to CHC.  The release below refers to “about 30 aircraft” – and our sister organisation Parapex Media says it is exactly 30, made up as... Read more

CHC completes acquisition of Babcock Offshore operations

CHC completes acquisition of Babcock Offshore operations

1-Sep-2021Source: CHC

HeliHub.com editor note.  Ahead of reading this press release, please bear in mind that the UK Competition and Markets Authority still has an open investigation into this transaction – and hence one paragraph has been emboldened by us. The CMA has confirmed to HeliHub.com that their Initial Enforcement Order prevents the two organisations being integrated  ... Read more

CHC merger with Babcock Offshore on hold

CHC merger with Babcock Offshore on hold

14-Jun-2021Source: CMA

The Competition and Markets Authority (CMA) has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on CHC Group LLC, EEA Helicopter Operations B.V., CHC Scotia Limited, Babcock Mission Critical Services Offshore Limited, Babcock Offshore Services Australasia Pty Ltd, and Babcock Denmark A/S in relation to the acquisition by CHC Group... Read more

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