Mergers and Acquisitions
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6/8/06 5:25 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to
acquire the safety business of POMP Medical and Occupational Health
Products LLC, a key provider of products such as earplugs, eyewear, and
hand creams, based in Porto Alegre, Brazil, including related trademarks
and patents. Terms of the transaction were not disclosed.
Well-known POMP brand reusable earplugs are made of durable,
medical-grade silicone and are widelymore...
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5/2/06 6:45 am CDT
ST. PAUL, Minn. and NEUSS, Germany--(BUSINESS WIRE)--3M Deutschland GmbH in Neuss announced today that it has entered into a
definitive agreement to acquire SBG (Software und Beratung im
Gesundheitswesen) GmbH, a Berlin-based developer of diagnosis related
groups (DRG) software for hospitals, including related trademarks and
patents. Terms of the transaction were not disclosed.
This acquisition expands 3M's product portfolio in its Health
Information Systems Division, and strengthens itsmore...
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4/4/06 6:30 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it is exploring strategic alternatives for its
global branded pharmaceuticals business and immune response modifier
platform.
3M Pharmaceuticals Division, part of 3M's Health Care business,
discovers, develops, manufactures and sells branded drug products
related to dermatology, women's health, cardiology and respiratory
medicine. Its most well-known brands are Aldara, Difflam, Duromine,
Tambocor, Maxair,more...
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4/3/06 2:00 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed the acquisition of OMNII Oral
Pharmaceuticals, a provider of differentiated preventive dental
products, solutions and support for dental professionals. OMNII
headquarters will remain in West Palm Beach, Fla. It will be a wholly
owned subsidiary.
Increasing recognition of the link between oral health and overall
health is focusing much more attention on the need for preventive oral
healthmore...
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2/28/06 10:30 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to
acquire General Industrial Diamond Company Inc., a leading manufacturer
of superabrasive grinding wheels, dressing tools and machines used to
dimension and finish hard-to-grind materials in industrial and
commercial markets. Terms of the transaction were not disclosed.
Demand for hard-to-grind materials is fueling the need for improved
grinding and finishing processesmore...
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2/13/06 12:59 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to
acquire OMNII Oral Pharmaceuticals, a provider of differentiated
preventive dental products, solutions and support for dental
professionals. Terms of the transaction were not disclosed.
Increasing recognition of the link between oral health and overall
health is focusing much more attention on the need for preventive oral
health care. As a result, there is growingmore...
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8/2/05 1:05 pm CDT
ST. PAUL, Minn. & MERIDEN, Conn.--(BUSINESS WIRE)--3M (NYSE:MMM) completed its acquisition of CUNO Incorporated
(Nasdaq:CUNO) after CUNO's shareholders voted in favor (i.e., 72.5
percent of CUNO's outstanding shares) of the all cash transaction for
$72 per share in a special shareholders meeting held earlier today.
CUNO, a subsidiary of 3M with its headquarters in Meriden, Conn.,
designs, manufactures, and markets a comprehensive line of filtration
products for the separation,more...
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7/25/05 2:21 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has entered into a definitive agreement to acquire
Mercury Online Solutions Inc., a provider of hardware and software
technologies and network management services for digital signage and
interactive kiosk networks. Terms of the transaction were not disclosed.
Digital signage networks enable centrally controlled delivery of digital
content to vast networks of display screens and interactive kiosks. The
trend towardmore...
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2/2/04 9:01 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed the acquisition of HighJump
Software Inc., a provider of supply chain execution software and
solutions based in Eden Prairie, Minn. Effective immediately, HighJump
becomes a subsidiary of 3M operating under the name HighJump Software, a
3M company. It will report into 3M's Industrial Services and Solutions
Division.
Adding HighJump Software's suite of supply chain execution solutions
givesmore...
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1/12/04 6:04 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into an agreement to acquire
Hornell International, a global supplier of personal protective
equipment for welding applications based in Gagnef, Sweden, including
related trademarks and patents, for 750 million SEK (approximately $100
million) in cash including assumption of debt. The transaction is
subject to regulatory approval.
"Combining Hornell's strong products and technology for eye, facemore...
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