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B/E Aerospace May Be Shopping

WELLINGTON, FL-The locally based manufacturer of aircraft interior-cabin products files universal shelf registration statement covering up to $250 million in new securities. Wellington is in Palm Beach County, 61 miles north of Miami.

By David R. Corder | Updated on August 07, 2001

WELLINGTON, FL-B/E Aerospace Inc. disclosed Monday it may be looking at possible acquisition targets. The Wellington-based manufacturer of aircraft interior-cabin products announced it filed a universal shelf-registration statement to issue up to $250 million in subordinated notes or new stock.

Any acquisition would increase the company’s already growing real estate portfolio. As of February this year, the company disclosed in an annual shareholder’s report it operates 20 facilities, containing about 1.7 million sf of space that it either owns or leases throughout the United States and overseas. Of the total, the company owns about 965,700 sf.

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