GovWire

CHC / Babcock merger inquiry

Competition Markets Authority

April 28
12:47 2023

Phase 2

Administrative timetable

Date of Reference: 29 November 2021

Statutory deadline: 10 July 2022

Case closure summary

28 April 2023: The purchase of Offshore UK by Ultimate Aviation was approved by the CMA and completed on 1 April 2023. This brings the merger investigation to a close.

Remedies group appointed

30 August 2022: The CMA appointed the Remedy Group.

Kip Meek (Chair), Juliet Lazarus, Cyrus Mehta and Karthik Subramanya.

Final undertakings

24 August 2022: The CMA has accepted final undertakings and the reference has now been fully determined.

Notice of proposal to accept final undertakings

15 July 2022: The CMA gives notice of the proposal to accept final undertakings and is inviting comments by 5pm on 1 August 2022.

Final report

1 June 2022: The CMA has published its final report.

Notice of extension of statutory period

Responses to provisional findings and possible remedies

Provisional findings

17 March 2022: The CMA has provisionally found competition concerns as part of its in-depth investigation of the completed acquisition by CHC Group LLC of Offshore Helicopter Services UK Limited, Offshore Services Australasia Pty Ltd and Offshore Helicopter Services Denmark A/S.

The deadline for submitting responses to the provisional findings is 5pm on Thursday 7 April 2022.

The deadline for submitting responses to the notice of possible remedies is 5pm on Thursday 31 March 2022.

Directions to appoint a monitoring trustee

30 March 2023: On 19 January 2022, pursuant to an initial enforcement order dated 26 May 2021, the CMA directed CHC Group LLC, EEA Helicopter Operations B.V., CHC Scotia Limited, Offshore Helicopter Services UK Limited, Offshore Services Australasia Pty Ltd, and Offshore Helicopter Services Denmark A/S to appoint a monitoring trustee.

Issues statement

16 December 2021: The issues statement sets out the scope of the phase 2 inquiry and outlines the inquiry groups initial theory of harm. It does not set out any findings or conclusions. The deadline for submitting responses to the issues statement is 5pm, Tuesday 4 January 2022.

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