German chief not interested in B/E sale
The boss of a leading German aviation supplier has said he is not interested in buying any part of B/E Aerospace, which has a base in Co Down.
Rainer von Borstel, chief executive of Diehl Aerosystems, told reporters at the ILA Berlin Air Show that the company wasn't going to make a move for B/E, which employs more than 800 people in Kilkeel making aircraft seating.
Diehl makes cabin furniture for Boeing, Airbus and Bombardier.
At the start of the month, B/E Aerospace tasked its financial and legal advisers to look into a possible sale or restructuring to "increase shareholder value".
Rumoured suitors are German company Recaro Aircraft Seating, US firm Honeywell, French manufacturer Zodiac, United Technologies Corp and General Electric .
Mr von Borstel however said that Diehl was not entering into talks with the Florida-headquartered firm.
"The only thing we're missing is seats, but that's not something we plan to go into," he said.
The news came after B/E Aerospace regional management met with unions at the weekend.