Mergers and Acquisitions
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2/22/10 1:00 am CST
- Acquisition Expands 3M’s Office Supplies Product Offering, Accelerates 3M’s Global Label Growth Initiative - ST. PAUL, Minn. & TOKYO--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to
acquire a majority stake in the A-One branded consumer and office label
business and related operations. Terms of the transaction were not
disclosed.
A-One is the number one office and consumer label brand in Asia, and the
second largest worldwide. It has been majority owned and operated by the
Arai family continuously since its inception in 1959, offering themore...
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1/15/10 1:32 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M, through its 3M New Ventures business, has acquired an interest in
Energy Inc., headquartered in Charleston, S.C. Terms of the transaction
were not disclosed.
Energy Inc.’s product, The Energy Detective, also known as TED, allows
real-time residential energy data to be viewed remotely via the
Internet. This strategic shareholding will drive innovative business
concepts with high commercialization potential for 3M and enables 3M tomore...
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12/15/09 10:50 am CST
- Acquisition Expands 3M’s Floor Care Products Offering in Brazil - ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has entered into a definitive agreement to acquire
Incavas Industria de Cabos e Vassouras Ltda., a manufacturer of floor
care products based in Rio Grande do Sul, Brazil. Terms of the
transaction were not disclosed.
Incavas is an important manufacturer of household floor cleaning tools
in Brazil. The company’s line of floor cleaning products includes
squeegees, brushes, dust pans and brooms. For more than 40 yearsmore...
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7/23/09 2:00 pm CDT
Acquisition Broadens 3M’s Consumer Business ST. PAUL, Minn. & WILTON, Conn.--(BUSINESS WIRE)--ST. PAUL, Minn.more...
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2/9/09 2:48 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--Venture Tape Corp., a subsidiary of 3M, announced today that it has
completed its acquisition of Compac Corp.’s pressure sensitive adhesive
(PSA) tape assets from Lamtec Corp. Terms of the transaction were not
disclosed.
All Compac PSA tape products, which are used for the heating,
ventilation and air conditioning (HVAC), insulation and industrial
markets, now will be supplied from Venture Tape Corp. Venture Tape
manufactures amore...
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1/21/09 1:00 pm CST
Acquisition Broadens Pressure Sensitive Adhesives Offering ST. PAUL, Minn.--(BUSINESS WIRE)--Venture Tape Corp., a subsidiary of 3M, announced today that it has
signed a definitive agreement to acquire Compac Corp.’s pressure
sensitive adhesive (PSA) tape assets from Lamtec Corp. Terms of the
transaction were not disclosed.
Compac, a subsidiary of TriMas Corporation, which recently agreed to
sell Compac to Lamtec, is a global provider of pressure sensitive
adhesive tapes primarily for the heating,more...
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12/16/08 11:02 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed its acquisition of the Futuro
health supports and compression hosiery product line from Beiersdorf.
Terms of the transaction were not disclosed.
Health supports are widely used by active consumers, including those who
participate in fitness, outdoor and sports activities. The Futuro
product line brings its established, branded consumer platform to 3M’s
existing consumer businesses and will expandmore...
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12/9/08 2:00 pm CST
- Acquisition Expands 3M’s Coated Abrasives Offering in Peru - ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has acquired ABRASIVOS S.A., a manufacturer
of coated abrasives in Peru. Terms of the transaction were not disclosed.
ABRASIVOS brings its full range of coated abrasives - sold under the ASA
brand - cloth and paper backings to 3M’s broad line of abrasives
technologies and products. With more than 40 years of experience in all
phases of coated abrasives production and converting, ABRASIVOS also
brings itsmore...
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12/1/08 7:00 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed its acquisition of Financière
Burgienne, a provider of finished license plates under the FAAB and
FABRICAUTO brands in France. Terms of the transaction were not disclosed.
The addition of FAAB and FABRICAUTO broadens 3M’s vehicle registration
solutions offering beyond reflective sheeting to finished license plates
in France. Together 3M, FAAB and FABRICAUTO will better serve customers
in Francemore...
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11/25/08 3:04 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it completed its acquisition of Grafoplast
S.p.A., a manufacturer of wire identification systems for the wire and
cable market. Terms of the transaction were not disclosed.
Grafoplast’s innovative products—from thermal printers and software to
identification systems for special applications, cable holders and
insulated end sleeves—serve installers, contractors and automation
industries across Italy and Europe.more...
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