B/E Aerospace has signed a definitive agreement to acquire UFC Aerospace Corp. (UFC), an innovative provider of complex supply chain management and inventory logistics solutions to aerospace original equipment manufacturers. UFC currently distributes over 150,000 SKUs (stock keeping units) including fasteners, chemicals, paints, sealants, tooling, and duct/bent tubing assemblies to over 1,000 customers. UFC leverages its long-term relationships with key customers to create differentiated supply chain solutions. As a result of the expected accretive nature of this transaction, B/E Aerospace announced that it is increasing its 2012 earnings per share guidance by approximately $0.10 per diluted share to approximately $2.75 per diluted share.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada