© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Bristow acquisition of Airnorth
Posted 19th March 2015

Bristow acquisition of Airnorth

Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the worldwide offshore energy industry, announced that its affiliate, Bristow Helicopters Australia Pty Ltd., acquired an 85 - percent interest in Airnorth, [Inc., Ltd. and subsidiaries], a regional fixed - wing airline bas

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Bristow acquisition of Airnorth
Image

Bristow Acquisition of Airnorth

Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the worldwide offshore energy industry, announced that its affiliate, Bristow Helicopters Australia Pty Ltd., acquired an 85 – percent interest in Airnorth, [Inc., Ltd. and subsidiaries], a regional fixed – wing airline based in Darwin, Northern Territory, Australia.

“This investment strengthens our position in Australia as it allows us to offer integrated fixed – and rotary-wing logistics solutions, a combined offering that has proven valuable to our customers around the world,” said Jonathan E. Baliff, president and chief executive officer of Bristow Group Inc. “We also gain access to key southeast Asian markets where we do not currently operate. We view Airnorth as an exceptional operator, and are culturally and operationally aligned with shared core values of safety, quality and service.”

Richard Marques, Principal, led the team at Greenhill who acted as sole financial adviser for Airnorth over the course of the transaction. Mr. Marques commented: “Greenhill provided independent strategic and tactical advice to Airnorth in its negotiations with a sophisticated counterparty. The Greenhill team worked seamlessly with Airnorth to optimise the transaction outcome for its shareholders and management, both in terms of value and risk.”

He continued: “The combination provides Airnorth with a culturally and strategically aligned partner that is strongly capitalised and well placed to support and accelerate Airnorth’s future growth. The businesses are highly complementary, with Bristow and Airnorth servicing mutual clients, enabling Bristow to provide an integrated helicopter and fixed wing solution to its offshore oil and gas clients.”

Mr. Marques concluded by saying: “Bristow’s acquisition of Airnorth is an illustration of the increasing prevalence of cross-border M&A activity and the importance of advisers being able to deliver international insights to clients, leveraging global teams with deep sector knowledge.”

View Biography

Bristow

View Biography

Greenhill

View Biography

Airnorth

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
How to Grow Your Business
Finance
03/03/2020How to Grow Your Business

Growing your business is the goal of any new business owner. Starting up is excellent, getting those first customers are wonderful, but it is only when you surpass breaking even can you officially say that you have made it.

Read Full PostRead - Eye Icon
Huddle : The Company Making Collaboration Simple and Secure
Innovation
09/09/2019Huddle : The Company Making Collaboration Simple and Secure

Founded in 2006, Huddle is a privately held cloud-based collaboration software company that is headquartered in London, with additional offices in San Francisco,

Read Full PostRead - Eye Icon
How To Safeguard Your Organisation from DEI Fatigue
Leadership
09/10/2024How To Safeguard Your Organisation from DEI Fatigue

In recent years it has become expected that companies will reflect the diversity of the world we live in.

Read Full PostRead - Eye Icon
How Fintech Can Help Your Business
Finance
03/01/2023How Fintech Can Help Your Business

In the UK, there are 5.5 million businesses, so it’s important to make sure that you can run your business to the best of your ability. From making efficiency savings to ensuring your operations run smoothly, as business owners, there’s plenty to think abo

Read Full PostRead - Eye Icon
Understanding the Triple Threat in the Charity Sector
Corporate Social Responsibility
25/02/2025Understanding the Triple Threat in the Charity Sector

As technology continues to evolve, so do the cyber threats that come with it. Cyber criminals are becoming ever more sophisticated and are finding new ways to exploit vulnerabilities and compromise systems.

Read Full PostRead - Eye Icon
Generational Equity Announces the Acquisition of The HR Group Inc. by JER HR Consulting LLC
M&A
22/03/2016Generational Equity Announces the Acquisition of The HR Group Inc. by JER HR Consulting LLC

Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, The HR Group Inc. headquartered in Greensboro, North Carolina.

Read Full PostRead - Eye Icon
What Are the Key Features of a Debit Card?
Finance
01/08/2023What Are the Key Features of a Debit Card?

When contemplating the question, "how old do you have to be to have a debit card?" one might also ponder the various features accompanying this financial tool. Debit cards, a ubiquitous component of modern personal finance, come with several characteristics th

Read Full PostRead - Eye Icon
How Your Business Can Gain A Competitive Advantage In Your Industry
News
18/08/2021How Your Business Can Gain A Competitive Advantage In Your Industry

Businesses of all shapes and sizes will all benefit from gaining a competitive advantage within their industry. Here’s how your business can start building for further success.

Read Full PostRead - Eye Icon
A Key Player in Malta’s Success Story
Strategy
27/10/2017A Key Player in Malta’s Success Story

A Key Player in Malta’s Success Story



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow