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New Deal


Announced

Completed

CHC Group completed the acquisition of the oil and gas aviation business of Babcock for £10m.

Synopsis

CHC Group, a mechanical engineer in Craigavon, Northern Ireland, completed the acquisition of the oil and gas aviation business of Babcock, a British aerospace, defence and nuclear engineering services company, for £10m. The business provides offshore oil and gas crew transportation services in the UK, Denmark and Australia. It is headquartered in Aberdeen, employs over 500 people and operates around 30 aircraft across its three locations.

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