Just announced NHV and Blueway (including Dancopter and Airlift) to merge!
A European group with a strong presence in the Northsea and West African Market!
Ostend, August 28th 2014. NHV and Blueway are pleased to announce that they have signed a merger agreement to create a new top-tier player in the helicopter services industry. Following this transaction, NHV will buy Blueway’s stakes owned by Reiten & Co Capital Partners and Helicopter Transportation Group. The proposed transaction is conditional on receipt of required regulatory approvals, and other customary closing conditions.
NHV and Blueway have striking similarities in activities: strategic presence in the North Sea and West Africa with a focus on the offshore industry and a shared customer base.
Over the last few years, we have formed strategic alliances including: shared hangar facilities in Norwich and Den Helder. These joint efforts have proven to be valuable for both companies. The combination of the two helicopter operators will lead to a strategically better position in the market.
The new group will form a large European-owned helicopter company with approximately 650 employees in several countries across the globe with a combined turnover of more than USD 270 million in 2013.
Our focus for the near future is to maintain and extend our customer base around the North Sea (Norway, Denmark, The Netherlands, Belgium, UK), in France, as well in Africa, starting from our existing bases (Ivory Coast, Ghana, Nigeria).
Our group operates a diverse fleet of 59 helicopters in total (EC225, AS332L2, AS332C, AW139, EC155B1, AS365, EC145, MD Explorer, and AS350) with a solid order book of 19 helicopters (1 EC225, 16 EC175, 2AW139) for the coming 3 years.
http://nhv.be/Images/pdf/PR_NHV140828.pdf