B/E Aerospace set to acquire EMTEQ

B/E Aerospace Inc. (B/E Aerospace) has signed a definitive agreement to acquire EMTEQ, Inc. (EMTEQ), a specialist in aircraft interior and exterior lighting systems, as well as aircraft cabin management and power systems.

“The combination of our lighting and power management systems business with EMTEQ’s highly complementary lighting, cabin management and power systems businesses, as well as their electrical and connectivity expertise, will allow us to expand our product and service offerings in the commercial airliner and business jet markets," explained Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace. "This acquisition will allow B/E Aerospace to provide complete aircraft lighting and engineering integration solutions, allowing technology crossover and additional product and service offerings in numerous aircraft platforms. We also expect significant product development, manufacturing and operational synergies.”

In addition, B/E Aerospace will also acquire F+E Fischer + Entwicklungen GmbH & Co. KG, a manufacturer of seating products for civilian helicopters.The combined purchase price for both companies is claimed to be approximately$470 million with the EMTEQ transaction expected to close this month.

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