17-Jan-2023Source: HeliHub.com
CHC have sold Offshore Helicopter Services (the old Babcock MCS Offshore business) to Ultimate Aviation. The financial aspects are expected to be completed in the first quarter of this year. This only involves the UK aspects of Offshore Helicopter Services, while CHC will retain the Danish and Australian businesses. Ultimate Aviation Group operates a... Read more
29-Nov-2021Source: HeliHub.com
The UK Government’s Competition and Mergers Authority (“CMA”) has referred the completed acquisition by CHC Group LLC of Offshore Helicopter Services UK Limited (“OHS”), Offshore Services Australasia Pty Ltd and Offshore Helicopter Services Denmark A/S for an in-depth investigation. The latter three companies were previously named Babcock Mission Critical Services Offshore Limited, Babcock Offshore Services... Read more
27-Sep-2021Source: HeliHub.com
The Competition and Markets Authority (CMA) in the UK has given notice late last week that it will dig further into the merger of the offshore operations of Babcock and CHC. Although CHC has acquired Babcock’s offshore operations in UK, Denmark and Australia, clearly the UK authority only has jurisdiction over the UK aspect of... Read more
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
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
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
