B/E Aerospace (BEAV) to Acquire TSI Group to Saturate Aerospace Industry
B/E Aerospace, a global leading manufacturer of aircraft cabin interior products and the world's leading distributor of aerospace fasteners and consumables, recently announced it has inked an acquisition agreement with the shareholders of TSI Group Inc., a leading designer, engineer and manufacturer of thermal management and interconnect solutions for the aerospace and defense industries. Thermal management technology was initially designed and required for the development of power management on military sub-systems for various aircrafts, ground systems, and an array of electrical and computing uses – the technology is now more focuses on the commercial aerospace market. Amin J. Khoury, chairman…