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B/E Aerospace Inc Agrees to Acquire Blue Dot Energy Services, LLC


Wednesday, 14 Aug 2013 10:39am EDT 

B/E Aerospace Inc announced that it has initiated an expansion of its Consumables Management (CM) Segment into the oil and gas services industry via the acquisition of Blue Dot Energy Services, LLC, a provider of parts distribution, rental equipment, and on-site services. The acquisition purchase price including expenses is approximately $75 million. The transaction is expected to close by the end of August 2013 and is expected to be accretive to 2014 earnings per share. 

Company Quote

74.47
-5.52 -6.90%
22 Oct 2014