CHC Helicopter to acquire Babcock 

CHC Helicopter has moved to conditionally acquire Babcock’s oil and gas aviation business confirming rumours yesterday. 

CHC Helicopter to acquire Babcock  CHC Helicopter to acquire Babcock  CHC Helicopter to acquire Babcock  CHC Helicopter to acquire Babcock  CHC Helicopter to acquire Babcock 

CHC will expand fleet with Babcock buy

The latter had been seeing lower revenues thanks to the oil price downturn and had mooted a move out over a year ago. Babcock keeps its other business divisions, such as emergency services.