Rotorcraft
Erickson Buying Evergreen Helicopters, Air Amazonia

Erickson Air Crane is buying Evergreen Helicopters for $250 million, as well as Air Amazonia from Brazilian oil and gas exploration company HRT for $65 to $75 million. Both deals are expected to close in the second quarter and will boost Erickson’s current $180 million annual revenues to a projected $430 million.

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