© 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
Selescope Advises Capital Export’s Backing of Celec BIMBO
Legal
24/06/2015Selescope Advises Capital Export’s Backing of Celec BIMBO

Selescope Advises Capital Export's Backing of Celec BIMBO

Read Full PostRead - Eye Icon
Personal Loans Vs. Credit Cards: What You Should Know
News
12/09/2024Personal Loans Vs. Credit Cards: What You Should Know

While often ignored, choosing the right borrowing option is critical when managing personal finances. Personal loans and credit cards are the most preferred financial tools. They serve different purposes and distinctly affect your financial health. Be it to fu

Read Full PostRead - Eye Icon
How Can Insurance Protect Businesses During Daily Operations?
News
12/01/2023How Can Insurance Protect Businesses During Daily Operations?

What type of business do you run? Is it small or large? Are you self-employed? Whatever your business looks like, it’s worth thinking about the type of cover you’ll need in order to protect you, your employees and your company from any unexpected costs tha

Read Full PostRead - Eye Icon
CEO of the Month: USA
Innovation
29/06/2016CEO of the Month: USA

OCEANWORX is a global sports marketing, media production and distribution founded by international media authority David Jones in the year 2000

Read Full PostRead - Eye Icon
Should I Switch to a New Payroll Provider Mid-Year?
Finance
30/09/2021Should I Switch to a New Payroll Provider Mid-Year?

Business owners (regardless of size) are not fond of change. That’s because change usually comes in the same package with new investments and disruption of activity. However, when it’s needed for the improvement of your business process and a better future

Read Full PostRead - Eye Icon
Why So Many More Businesses Are Making the Choice to Become More Eco-conscious
Corporate Social Responsibility
23/01/2023Why So Many More Businesses Are Making the Choice to Become More Eco-conscious

Now more than ever we are hearing of businesses taking a more eco-conscious route when it comes to their daily practices. This could be the energy they use, employee and customer incentives, recycling, planting greenery, and so on.

Read Full PostRead - Eye Icon
Successful Consumer Analytics Equals Successful Digital Marketing
News
27/03/2023Successful Consumer Analytics Equals Successful Digital Marketing

It’s an exciting time to be a marketer, but it’s also a challenging time in the industry. Knowing what mediums to focus on and where to spend your marketing budget is no simple task.

Read Full PostRead - Eye Icon
Enhancing Workplace Efficiency and Security with Smart Lockers
News
22/08/2023Enhancing Workplace Efficiency and Security with Smart Lockers

In today’s rapidly evolving workplace landscape, the integration of technology has revolutionized various aspects of business operations. One such innovation that has gained remarkable prominence is the utilization of smart lockers. These intelligent sto

Read Full PostRead - Eye Icon
AXG Group and AHR Private Wealth Announce Merger to Continue Strong Growth In 2020
M&A
22/07/2020AXG Group and AHR Private Wealth Announce Merger to Continue Strong Growth In 2020

International financial advisory firm AHR Private Wealth has today announced an acquisition agreement, subject to local regulatory approval, with London-based AXG Group. The AXG Group companies’ will integrate into the AHR framework, while continuing to prov



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 a number of 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