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B/E Aerospace Acquires LT Energy Services & Wildcat Wireline for $265 Million

Halliburton Operated Wireline Truck

B/E Aerospace describes itself as the "worldwide leading manufacturer of aircraft passenger cabin interior products..." and the company now can boast about its Eagle Ford equipment rental and wireline businesses in South Texas.

B/E acquired LT Energy Services, an equipment rental company, and Wildcat Wireline who is also active in the Eagle Ford. The company spent ~$265 million to acquire the two companies.

The two businesses had combined revenue of $125 million for the 12-month period ending September, 30, 2013.

Read the full news release at beaerospace.com