Privately owned Interturbine supplies chemicals, lubricants and hydraulic fluids and interior products such as fasteners, cables and wires and electronic components to global airlines, and maintenance, repair and overhaul providers.
"The acquisition doubles our consumables product portfolio, and ... positions us to offer a comprehensive range of products and services on a single-source basis to our customers globally," Chief Executive Amin Khoury says.
The Interturbine deal follows B/E Aerospace's acquisition of aerospace supply chain manager UFC Aerospace Corp for about $400 million in January.
B/E Aerospace officials expects the deal to be about neutral for 2012 and 2013 earnings, and "solidly accretive" in 2014.
The deal is expected to close in the fourth quarter of 2012.
B/E Aerospace to Buy Interturbine for $251M
B/E Aerospace Inc. will buy Germany's Interturbine group of companies for $251 million, adding to its business that supplies consumables to airlines.