How it started
History
Founded by Amin Khoury in 1987, B/E Aerospace evolved from a $3 million company to a firm with $2.6 billion in revenue, manufacturing aircraft interior products and solutions for the commercial, business jet, and military markets. According to a company history, B/E's growth occurred through a combination of numerous acquisitions and internal growth.
In August 2001, B/E acquired M&M Aerospace Hardware Inc., a distributor of aerospace fasteners, for $177 million in cash and stock.
On June 1, 2005, Air Canada awarded a $50 million (U.S.) contract to B/E Aerospace to upgrade seating in 143 aircraft.
In June 2008, B/E announced plans to acquire Honeywell International's Consumables Solutions distribution business. The acquisition was completed on July 28, 2008 for $901 million in cash and stock. B/E stated at the time: "The combined businesses are expected to generate more than 50 percent of B/E's operating earnings beginning in 2009."
In 2012, B/E's ALCI division became the sole source for all future lavatories on new build Boeing 737 aircraft. Introducing their patented Spacewall lavatory, airlines can take advantage of space provided to add up to 6 passenger seats per aircraft. Delta Air Lines was the launch customer, with the first aircraft delivery on 9/27/2013.
From Wikipedia’s article on BE Aerospace, shared under CC BY-SA 4.0.3