Investindustrial’s stake in Avincis to be acquired by Babcock
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.
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