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Mergers and Acquisitions

  • 11/19/06 11:04 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has entered into a definitive agreement to acquire SoftMed Systems Inc., a provider of health information management software and services that improve the workflow and efficiency for health care organizations. Terms of the transaction were not disclosed. As health care providers face increasing pressure to control costs while enhancing the quality of care, they require more efficient information management.more...
  • 11/9/06 1:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) announced today that it has entered into agreements to sell its global branded pharmaceuticals business for approximately $2.1 billion in the following regions: Graceway Pharmaceuticals Inc. has agreed to acquire 3M’s pharmaceutical operations in the United States, Canada, and Latin America region for $875 million. Meda AB has agreed to acquire 3M’s pharmaceutical business in Europe formore...
  • 11/1/06 2:54 pm CST
    EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--HighJump Software, a 3M company, has completed its acquisition of Global Beverage Group Inc. (GBG), a provider of delivery management solutions for the direct-store-delivery of consumer packaged goods. HighJump Software helps customers streamline supply chain operations from the original source of materials through final delivery to the end customer. Focusing on the last mile of delivery, GBG software helps route drivers improvemore...
  • 10/16/06 8:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today acquired Brontes Technologies Inc., a Lexington, Mass.-based developer of proprietary 3-D intraoral imaging technology for $95 million in cash. The acquisition adds to 3M’s oral care business proprietary intraoral scanning technology that enables capturing 3-D digital dental impressions used to design and produce crowns, bridges and orthodontic appliances. Digital dentistry represents an important growth opportunity formore...
  • 10/4/06 11:42 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M and Biotrace International PLC announced today an offer to acquire the entire issued and to be issued share capital of Biotrace International PLC, a Bridgend, UK-based manufacturer and supplier of industrial microbiology products whose shares are listed on the London Stock Exchange. The board of Biotrace International has recommended the offer to Biotrace International’s shareholders. The offer values Biotrace International shares atmore...
  • 10/3/06 12:44 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed the acquisition of Nylonge Corp., a global provider of household cleaning products including cellulose sponges, scrub sponges and household wipes. Nylonge operations will remain in Elyria, Ohio. This acquisition expands 3M’s global manufacturing capabilities adding another source of supply to continue building its global cleaning tools businesses. Nylonge’s line of products includes cellulosemore...
  • 9/20/06 7:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--HighJump Software, a 3M company, announced today that it has entered into a definitive agreement to acquire Global Beverage Group Inc. (GBG), a provider of delivery management solutions for the direct-store-delivery of consumer packaged goods. Terms of the transaction were not disclosed. More than 500 consumer packaged goods companies rely on GBG's solutions to manage shelf space and branded products. Focusing on the last mile ofmore...
  • 9/8/06 1:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has acquired Credence Technologies Inc., a Soquel, Calif.-based provider of instruments and high-end monitoring equipment for electrostatic discharge control and electromagnetic compliance. Terms of the transaction were not disclosed. Static control represents a key growth opportunity for 3M's electronics platform. Credence Technologies' products help manufacturers manage electrostatic discharge andmore...
  • 9/6/06 9:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to acquire Nylonge Corp., a global provider of household cleaning products including cellulose sponges, scrub sponges and household wipes. Terms of the transaction were not disclosed. This acquisition expands 3M's global manufacturing capabilities adding another source of supply to continue building its global cleaning tools businesses. "Nylonge complements 3M's well-more...
  • 8/4/06 10:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to acquire Aerion Technologies Inc., a Denver, Colo.-based provider of environmental monitoring products including gas detection systems. Terms of the transaction were not disclosed. This acquisition broadens 3M's spectrum of safety products - for detection and protection to compliance - and expands its presence in gas detection and the safety market. Aerion brings to 3Mmore...