B/E broadens cabin capabilities
B/E Aerospace is to buy thermal engineering and power management specialist TSI Group for $310m.
The deal is expected to close before 2011, subject to regulatory approval. Fastener manufacturer B/E expects the acquisition to "enhance B/E's aircraft cabin interior strategic position by enabling B/E to provide more advanced, integrated electronics packaging for aircraft cabin interior products", according to Amin Khoury, CEO of B/E Aerospace. TSI’s power management systems will be present on the 787 and commercial aerospace applications account for 20 per cent of the company’s revenues.
