Announced

GD Helicopter Finance to acquire a majority stake in NHV from Ardian.

Synopsis

GD Helicopter Finance, a helicopter leasing and finance company, agreed to acquire a majority stake in NHV, a helicopter operator specializing in B2B services, from Ardian, a private investment firm. Financial terms were not disclosed. “In the last ten years, NHV has been transformed to become a European leader in the B2B segment across a range of industries. Ardian’s operational expertise has been invaluable in helping us maintain cash generation, particularly through more difficult market conditions, and position the business for further development in the years to come. We are looking forward to the next steps of NHV’s growth story and to combining our strengths with GDHF to offer the best helicopter transportation services,” Lars-Henrik Thorngreen, NHV CEO.

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