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Mergers and Acquisitions

  • 2/2/16 3:30 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that, following an in-depth exploration of strategic alternatives for its Health Information Systems business, the Company has made the decision to retain and further invest in this business. This decision follows the Company’s announcement in September 2015 that it would explore strategic alternatives for 3M Health Information Systems, which included spinning-off, selling, or retaining the business. 3M Healthmore...
  • 2/1/16 3:47 pm CST
    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 andmore...
  • 1/20/16 8:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has entered into an agreement to sell to Innovative Chemical Products Group (ICP Group), a portfolio company of Audax Private Equity, the assets of 3M’s Pressurized Polyurethane Foam Adhesives business (formerly known as Polyfoam), which is part of 3M’s Industrial Adhesives and Tapes Division. Terms of the transaction were not disclosed. 3M’s Pressurized Polyurethane Foam Adhesives business is a provider ofmore...
  • 12/1/15 7:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that 3M France has completed the sale of its Faab Fabricauto business to Hills Numberplates. Faab Fabricauto, a French manufacturer of license plates and signage solutions, was a wholly-owned subsidiary of 3M and part of 3M’s Traffic Safety and Security Division. Faab Fabricauto provides vehicle identification solutions, with a focus in license-plate manufacturing. The company also provides serigraphy andmore...
  • 11/6/15 10:15 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has completed the sale of assets for the majority of its remaining global Library Systems business outside of North America to a fund advised by One Equity Partners Capital Advisors L.P. (OEP). 3M announced earlier that it had completed the sale of assets of its North American Library Systems business to OEP. The business delivers circulation management solutions to library customers with on-premise hardwaremore...
  • 10/6/15 10:17 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that 3M France has received a binding offer from Hills Numberplates Limited to purchase 100 percent of the shares of Faab Fabricauto, a wholly-owned subsidiary of 3M and part of 3M’s Traffic Safety and Security Division. Faab Fabricauto is a leading French manufacturer of license plates and signage solutions, with facilities in Bourg-en-Bresse and Mâcon. Faab Fabricauto has a 50-year history in the vehiclemore...
  • 10/6/15 10:08 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has completed the sale of assets of its North American Library Systems business to One Equity Partners Capital Advisors L.P. (OEP). 3M also announced that it has entered into agreements for OEP to purchase the assets of its remaining global Library Systems business. 3M Library Systems business delivers circulation management solutions to library customers with on-premise hardware and software, maintenance andmore...
  • 8/26/15 8:16 am CDT

    Company Updates 2015 Earnings Guidance to Include Recently Closed Acquisitions

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed its acquisition of the assets and liabilities associated with Polypore’s Separations Media business from Polypore International Inc. for a purchase price of $1.0 billion. Polypore’s Separations Media business is a leading provider of membranes and modules for blood treatments, ultrafiltration and gas transfer in the life science, electronic, industrial, and specialty segments. 3M is a leader inmore...
  • 8/3/15 11:57 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed its acquisition of Capital Safety from KKR for a total enterprise value of $2.5 billion, including the assumption of approximately $0.7 billion of debt, net of cash acquired. Capital Safety is a leading global provider of fall protection equipment, one of the fastest-growing safety categories within the global personal protective equipment industry. 3M’s Personal Safety business providesmore...
  • 6/23/15 8:00 am CDT

    Acquisition Expands 3M’s Presence in Fast-Growing Personal Protective Equipment Industry

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to acquire Capital Safety from KKR for a total enterprise value of $2.5 billion, including the assumption of approximately $0.7 billion of debt, net of cash acquired. Capital Safety is a leading global provider of fall protection equipment, one of the fastest-growing safety categories within the global personal protective equipment industry. The personal protectivemore...