Gardner Business Media has acquired NetComposites' media assets.
NetComposites Ltd. is transferring the rights and ownership of its website content, email newsletters and conferences to Gardner, effective 1st January 2020.
For further details see our joint press release.
The company was founded in 1987 with the acquisition of Bach Engineering (annual revenues of less than $3 million). In 1989, its primary competitor in the avionics business, EECO, Inc., was acquired and the name was changed to B/E Avionics. In April 1990, the company went public on NASDAQ, raising nearly $12 million. In 1992, the asset acquisition of PTC Aerospace, Inc. (seating products) and Aircraft Products Company (galley structures and inserts) transformed B/E Aerospace into a cabin interiors provider, and the company name was changed to B/E Aerospace, Inc.
Over the next 10 years, B/E Aerospace continued to acquire cabin interior equipment companies to strengthen its position as an interiors provider. In 2001, B/E Aerospace entered the distribution business with the acquisition of M&M Aerospace. In 2008, Honeywell’s Consumables Solutions business was acquired, creating one of the world’s leading distributors of aerospace fasteners and consumables, and providers of logistics services. In 2014, the Consumables Management Segment, consisting of B/E Aerospace’s aerospace distribution and energy services businesses, was spun-off to form KLX, Inc.
Thanks to a culture that champions tireless innovation, uncompromising performance, and strategic growth, B/E Aerospace has evolved into an industry leader with over 10,000 employees and more than 35 major facilities around the world.
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