Ancala Partners completes acquisition of Babcock International’s aerial emergency service businesses in Iberia, Italy and the Nordics
Company renamed “Avincis”
John Boag appointed Chief Executive Officer
London, 1 March, 2023 – Ancala Partners, the experienced investor in critical infrastructure, today announces it has completed the acquisition of Babcock’s aerial emergency service businesses in Spain, Portugal, Italy, Norway, Sweden and Finland on behalf of its managed funds for €136.2 million (approx. £120 million).
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