ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has completed the sale of the assets of its
Pressurized Polyurethane Foam Adhesives business (formerly known as
Polyfoam) to Innovative Chemical Products Group (ICP Group), a portfolio
company of Audax Private Equity.
The Pressurized Polyurethane Foam Adhesives business provides
pressurized polyurethane foam adhesive formulations and systems for the
residential roofing, commercial roofing and insulation and industrial
foam segments in the United States. Products include a two-component
roof tile adhesive that professional roofers use to attach concrete or
clay roof tile, and a polyurethane foam adhesive used for adhering the
fleece back roofing membrane and insulation board in low-slope roofing
The business was part of 3M’s Industrial Adhesives and Tapes Division,
which will continue to focus on its core adhesives, sealants, and tapes
businesses. 3M applies its adhesive technology to solutions for bonding,
protecting, masking, enhancing, shielding, damping, splicing,
reinforcing, color coding, and case sealing applications.
At 3M, we apply science in collaborative ways to improve lives daily.
With $30 billion in sales, our 90,000 employees connect with customers
all around the world. Learn more about 3M’s creative solutions to the
world’s problems at www.3M.com
or on Twitter @3M or @3MNewsroom.