Helicopter Investor

Babcock International Group cleared to acquire the Avincis Group

by · April 28

Babcock International Group PLC has received approvals from the Spanish Council of the National Markets and Competition Commission and the Portuguese Competition Authority in respect of the acquisition of the Avincis Group.

Babcock is now clear to complete the acquisition. Completion is expected to take place in May 2014. Babcock is the UK’s leading engineering support services company.

ALSO READ: Avincis confirms helicopter talks with Babcock

Avincis is a provider of helicopter and fixed wing services in medical, oil & gas support, search and rescue, fire-fighting and civil protection. Its global subsidiaries include INAER, Bond Aviation Group, Australian Helicopters, Bond Helicopters Australia and Norsk Helikopterservice.

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Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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