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Mergers and Acquisitions

  • 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...
  • 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...
  • 1/5/04 9:38 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) announced today that it has entered into a definitive agreement to acquire HighJump Software Inc., a provider of supply chain execution software and solutions, including related trademarks and patents. Terms of the transaction were not disclosed, and the transaction is subject to regulatory approval and approval by HighJump Software's shareholders. "Adding HighJump Software's suite of supply chain execution solutionsmore...
  • 1/7/03 2:37 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it will acquire NEC Corp.'s 25 percent interest in Sumitomo 3M Limited for 45 billion Japanese Yen (approximately $375 million U.S. dollars). Upon completion of the cash transaction, 3M's interest in the joint venture will increase from 50 percent to 75 percent, with the remaining 25 percent owned by Sumitomo Electric Industries Ltd., (SEI). The acquisition is expected to close Jan. 8, 2003. Sumitomo 3Mmore...