Investindustrial’s stake in Avincis to be acquired by Babcock

by David Stürken | 27th March 2014

Investindustrial Group and KKR have announced that Babcock International Group PLC has entered into a conditional agreement to acquire the entirety of the issued share capital of Avincis for an enterprise value of approximately €2.0 billion

Avincis is a leading supplier of helicopter and fixed-wing emergency services (medical, search and rescue (SAR), fire-fighting, surveillance and civil protection) as well as a leading supplier of critical offshore crew-change helicopter services to the oil and gas industry in the North Sea and Australia.

Maitland/AMO serves as communications adviser to Investindustrial.

Full press release can be found here.

About the Author

David Stürken

dsturken@maitland.co.uk

Partner for Western and Central Europe specialises in helping Western European clients to communicate with Anglo-Saxon markets and vice versa

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