On June 3, 2022, the shareholders of BMG Aviation Ltd. (“BMG”) completed their sale of all shares of BMG to Axis Insurance Managers Inc. (“Axis”). The transaction was the result of a long-term working relationship between BMG and Axis, who have successfully partnered for many years.
BMG is an independent insurance broker, with insurance services for the aviation and aerospace industries. BMG has offices at the Calgary and Vancouver International Airports and is supported by industry partners in Canada, the United States, the United Kingdom, New Zealand and Australia.
Axis is was formed in 2010 through an amalgamation of several BC based insurance brokerages and now has over 150 team members, uniquely positioned to serve Canada with risk management and insurance services.
BMG was represented by a Farris transaction team including members of our Tax and Employment Law groups.