CHC Helicopter’s Acquisition of Babcock’s Offshore Oil And Gas Aviation Business

In UK Ashurst, Macfarlanes LLP, advised on the matter.

Ashurst advised Babcock with a team including Duncan Liddell (Competition Law), Karen Davies (Corporate M&A), Ruth Buchanan (Employment), Tim Rennie (Finance), Christopher Bates (IP&IT), Tim Gummer (Tax M&A and Deal Advisory).

Macfarlanes LLP advised CHC Helicopter with a team including Christophe Humpe (Competition Law), Tom Usher (Competition Law), Tom Rose (Picture – Corporate M&A).

CHC Helicopter Group, one of the world’s leading helicopter services and maintenance, repair and overhaul providers, on its acquisition of the offshore oil and gas aviation business of FTSE 250 company Babcock International Group plc.
Following the transaction, which completed on 31 August 2021, Babcock’s operations in the UK, Denmark and Australia will be held separately and operate independently from CHC while approvals are sought from the competition authorities in the UK and Australia.

The Macfarlanes team was led by corporate and M&A partner Tom Rose (Picture), alongside competition partners Tom Usher and Christophe Humpe. The team also included corporate and M&A senior solicitor Kathryn Jarvis, commercial senior solicitors Jon Morgan and Sekou Taylor, competition senior solicitor Charlie Critchley and solicitors Eleni Papadopoulos and Rachel Carter, and tax solicitor Joe Maughan. Additional support has been provided by lawyers across the firm, including in respect of the employment, real estate and finance aspects of the transaction.

The Ashurst team was led by corporate partner Karen Davies and senior associate Jacob Gold, assisted by senior associate Sara Hamzawi and associates Lauren Garrett, Ellie Conroy and Annie Ball. Partners Duncan Liddell in London and Melissa Fraser in Sydney, senior associate Christopher Eberhardt and associates Helen Chamberlain, Natasha Gromof and Judy Zhao advised in relation to competition law matters. Partner Chris Bates, senior associate Richard Holmes and associate Julia Bell advised in relation to commercial law matters. Tax advice was provided by partners Tim Gummer in London and Sanjay Wavde in Sydney, counsel Paul Glover, senior associate Anthony Hui and associates Rebecca Kell and Shayaan Zaraq Bari. Partners Ruth Buchanan in London and Jane Harvey in Melbourne, counsel John Gordon and senior associates Hannah Martin and Karen Mitra advised on employment and pension aspects, and banking advice was provided by partner Tim Rennie and associate Maeve Healy in London and counsel Nichola Shaw in Sydney.
Involved fees earner: Ellie Conroy – Allen & Overy; Christopher Eberhardt – Allen & Overy; Shayaan Zaraq Bari – Ashurst; Christopher Bates – Ashurst; Julia Bell – Ashurst; Ruth Buchanan – Ashurst; Helen Chamberlain – Ashurst; Karen Davies – Ashurst; Melissa Fraser – Ashurst; Lauren Garrett – Ashurst; Paul Glover – Ashurst; Jacob Gold – Ashurst; John Gordon – Ashurst; Natasha Gromof – Ashurst; Tim Gummer – Ashurst; Sara Hamzawi – Ashurst; Jane Harvey – Ashurst; Richard Holmes – Ashurst; Anthony Hui – Ashurst; Rebecca Kell – Ashurst; Duncan Liddell – Ashurst; Hannah Martin – Ashurst; Karen Mitra – Ashurst; Tim Rennie – Ashurst; Nichola Shaw – Ashurst; Sanjay Wavde – Ashurst; Judy Zhao – Ashurst; Rachel Carter – Macfarlanes LLP; Charlie Critchley – Macfarlanes LLP; Christophe Humpe – Macfarlanes LLP; Kathryn Jarvis – Macfarlanes LLP; Joe Maughan – Macfarlanes LLP; Jonathan Morgan – Macfarlanes LLP; Eleni Papadopoulos – Macfarlanes LLP; Tom Rose – Macfarlanes LLP; Sekou Taylor – Macfarlanes LLP; Tom Usher – Macfarlanes LLP;

Law Firms: Allen & Overy; Ashurst; Macfarlanes LLP;

Clients: Babcock; CHC Helicopter;

Author: Giulia Di Palma