Bristow entered into an Agreement and Plan of Merger to acquire Berry Aviation for $105 million in cash, subject to working capital, cash, debt and expense adjustments. A Bristow subsidiary will merge into Berry Acquisition, which owns all shares of Berry Aviation, leaving Berry Acquisition as a wholly owned Bristow subsidiary. The boards have unanimously approved the deal, which is expected to close in the second half of 2026, pending customary conditions. Bristow expects the transaction to broaden its service offerings and scale.
Agreement details:
- Agreement type: Agreement and Plan of Merger
- Counterparty: Berry Aviation and Berry Acquisition
- Signed / Effective: Jun 23 2026 / same
- Duration / Termination: At will
- Reason: Expand aviation services and scale
Original SEC Filing:
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