Shearman And Sterling

News June 10, 2014

Shearman & Sterling Advises B/E Aerospace on Separation into Two Independent Companies

Shearman & Sterling is advising B/E Aerospace, the world’s leading manufacturer of aircraft cabin interior products and the world’s leading provider of aerospace fasteners, consumables and logistics services, on its process to separate its industry-leading businesses into two independent, publicly traded companies—one focused on aircraft cabin interior equipment, including design, development, manufacturing, certification and direct sales on a global basis (“Manufacturing Co.”), and the other focused on distribution, logistics and technical services for the aerospace and energy services markets (“Services Co.”).

B/E Aerospace designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E Aerospace manufactured products include aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. The company also provides cabin interior reconfiguration, program management and certification services. The company provides aerospace fasteners, consumables and logistics services as well as oilfield services and associated rental equipment. B/E Aerospace sells and supports its products through its own global direct sales and product support organization.

The Shearman & Sterling team included partners Creighton Condon, as well as partners Laurence Bambino (New York-Tax), John Cannon (New York-Compensation, Governance & ERISA), Alan Goudiss (New York-Litigation), and Jason Lehner (New York-Capital Markets); counsel Sean Skiffington (Toronto-Mergers & Acquisitions), and Harald Halbhuber (New York-Capital Markets); and associates Benjamin Brod, Michael Dockery (both New York-Mergers & Acquisitions), Nell Beekman (New York-Compensation, Governance & ERISA), Bilal Choksi (Toronto-Capital Markets), Fraser Hartley (New York-Capital Markets), Ryan Roberts (New York-Tax) and Vivian Choi (New York-Corporate).