Ashurst advises Babcock International on sale of oil and gas aviation business

The oil and gas business, which is part of Babcock's aviation sector, provides oil and gas crew transportation services in the UK, Denmark and Australia. It is headquartered in Aberdeen, UK and employs over 500 people and operates around 30 aircraft across its three location.

Commenting, Ashurst lead partner, Karen Davies, said: "We are delighted to have assisted the Babcock team in another important transaction - the second that Babcock have completed in only a few weeks, having successfully completed the sale of Frazer-Nash Consultancy Limited to Kellogg Brown & Root Limited in August, and it has been a pleasure to advise on both of these strategically significant deals".

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.