Shearman Helps B/E Land Aerospace Supply Co. For $400M

Law360, New York (January 9, 2012, 6:42 PM EST) -- Aircraft cabin interior product manufacturer B/E Aerospace Inc. will pay $400 million in cash to acquire aerospace supply chain manager UFC Aerospace Corp., enhancing its ability to supply customers in the passenger and business aircraft industries, it said Monday.

As a result of the deal, Florida-based B/E also said it would raise its 2012 earnings outlook, from $2.65 per share to $2.75 per share.

"The acquisition of UFC substantially expands our capability to offer creative and differentiated supply chain solutions, value-added inventory logistics services … and...
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