B/E Aerospace Acquires LT Energy Services & Wildcat Wireline for $265 Million

Expanding Into the Oilfield Equipment Rental, Logistics and Services Business
Halliburton Operated Wireline Truck

Halliburton Operated Wireline Truck |Click to Enlarge

B/E Aerospace describes itself as the “worldwide leading manufacturer of aircraft passenger cabin interior products…” and the company now can boast about its Eagle Ford equipment rental and wireline businesses in South Texas.

B/E acquired LT Energy Services, an equipment rental company, and Wildcat Wireline who is also active in the Eagle Ford. The company spent ~$265 million to acquire the two companies. [Read more…]