Shearman & Sterling is representing B/E Aerospace in its acquisition of UFC Aerospace Corp. in a transaction valued at approximately $400 million. The acquisition is expected to close in the first quarter of 2012.

B/E Aerospace is the world’s leading provider of aircraft cabin interior products and solutions and the world’s leading distributor of aerospace fasteners and consumables for the commercial, business jet and military markets. The company has leading worldwide market shares in all of its major product lines and serves virtually all of the world’s airlines, aircraft manufacturers and leasing companies through its direct global sales and customer support organizations. B/E Aerospace manufactured products include aircraft cabin seating, lighting, oxygen, and food and beverage preparation and storage equipment. The company also provides cabin interior design, reconfiguration and passenger-to-freighter conversion services.

Founded in 1972, UFC Aerospace is a leading provider of complex supply chain management solutions and inventory logistics to the global aerospace and defense industry. Headquartered in Holtsville, New York, UFC Aerospace provides its diverse customer base with localized control of over 150,000 unique inventory lines (fasteners, chemicals, structural assemblies, sealants and tubes) as well as numerous value-added services, including the design, implementation and administration of vendor managed inventory programs, just-in-time fulfillment, point-of-use supply, third and fourth party logistics and customized kitting solutions.

The Shearman & Sterling team includes partner Stephen Besen (New York-Mergers & Acquisitions) and counsel Sean Skiffington (Toronto-Mergers & Acquisitions), along with associates Naveen Thomas, Roger Morscheiser and Rob Bucella (all New York-Mergers & Acquisitions) and Richard Porter (London-Mergers & Acquisitions). Other lawyers involved in the transaction include partners Don Lonczak (Washington, DC-Tax), John Cannon (New York-Executive Compensation & Employee Benefits), Samuel Waxman (New York-Intellectual Property Transactions), and Beau Buffier (New York-Antitrust); counsel Sam Whitaker (London-Executive Compensation & Employee Benefits), Jeff Salinger (New York-Real Estate/Environmental), Mehran Massih (London-Environmental), and Robert Fagiola (New York-Real Estate); associates Nate Tasso (Washington, DC-Tax), James Leslie (London-Tax), Amy Gitlitz (New York-Executive Compensation & Employee Benefits), Beth Rubenstein (New York-Executive Compensation & Employee Benefits), Joanne Lynch (New York-Real Estate), Paul Kang (New York-Real Estate), Jonathan Skinner (New York-Real Estate/Environmental), Tim Franklin (New York-Intellectual Property Transactions), Jung Yoo (New York-Intellectual Property Transactions), Mike Jokic (New York-Intellectual Property Transactions), Kelly Karapetyan (New York-Antitrust), and Vittorio Cottafavi (New York-Antitrust); and trainee Shirin Lim (London-Executive Compensation & Employee Benefits).