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Mergers and Acquisitions

  • 4/10/12 8:00 am CDT

    -Acquisition of NLP Technology will Advance 3M Documentation and Coding Solutions-

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has acquired CodeRyte Inc., an industry leader in clinical natural language processing (NLP) technology and computer-assisted coding solutions for healthcare outpatient providers. Terms of the transaction were not disclosed. CodeRyte helps physicians and coders deliver fast, accurate and complete coding information immediately through its advanced NLP technology. Its products include CodeAssist, CodeCompletemore...
  • 1/3/12 7:03 am CST

    - Acquisition Extends 3M’s Footprint in Office, Education and Consumer Categories; Broadens Array of Leading Brands -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into a definitive agreement to acquire the Office and Consumer Products business (“OCP”) of Avery Dennison Corp. for a total purchase price of $550 million in cash, subject to post-closing adjustments. The Office and Consumer Products business of Avery Dennison is one of the world’s leading suppliers of office and education products, including labels, binders,more...
  • 10/3/11 8:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed its acquisition of the do-it-yourself and professional business of GPI Group. GPI is a manufacturer and marketer of home improvement products such as tapes, hooks, insulation and floor protection products and accessories, headquartered in France. Terms of the transaction were not disclosed. GPI offers a wide array of products and solutions sold under such well-knownmore...
  • 7/1/11 3:24 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed its acquisition of Advanced Chemistry & Technology Inc. (AC TECH), a manufacturer of quick cure, light-weight polysulfide sealants for aerospace applications based in Garden Grove, Calif. Terms of the transaction were not disclosed. The addition of AC TECH’s range of fast-curing polysulfide sealants expands 3M’s product presence in the aerospace market for the manufacture and maintenance ofmore...
  • 6/8/11 6:40 am CDT

    Acquisition of Aerospace Sealants Expands 3M’s Portfolio of Solutions for the Aerospace Industry

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into an agreement to acquire Advanced Chemistry & Technology Inc. (AC TECH), a manufacturer of quick cure, light-weight polysulfide sealants for aerospace applications. Terms of the transaction were not disclosed. The launch of new aircraft platforms is expected to contribute to strong growth and demand for aerospace sealants over the next several years. Aircraft sealants are used to preventmore...
  • 4/20/11 1:00 pm CDT

    Acquisition Strengthens 3M’s Personal Graphics Platform

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has acquired Original Wraps Inc., a Golden, Colo.-based company specializing in the creative business development, technology and design of personalization platforms for vehicles and vehicle accessories. Terms of the transaction were not disclosed. This acquisition complements 3M’s Commercial Graphics business and strengthens 3M’s personal graphics platform. The trend and desire for graphics to personalizemore...
  • 4/1/11 11:32 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has acquired certain assets of Zargis Medical Corp., maker of the only FDA-approved diagnostic software to classify suspected systolic and diastolic heart murmurs. Terms of the transaction were not disclosed. This acquisition builds on the existing global marketing and distribution alliance between 3M and Zargis Medical. The combination of electronic stethoscopes and telemedicine/diagnostic software enables newmore...
  • 2/28/11 12:00 am CST

    Offer to Result in Ownership of 85.3 Percent

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today the preliminary final results of its tender offer for shares of Winterthur Technologie AG. Shares representing 56.1 percent of the shares of Winterthur were tendered during the offer period. Together with shares purchased from shareholders outside of the offer process, the tender offer will result in 3M owning 85.3 percent of Winterthur’s shares. “We are very pleased with the results of our offer,” said Chris Holmesmore...
  • 2/25/11 12:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has received acceptances of its offer for shares of Winterthur Technologie that, when considered together with shares purchased by 3M, will result in 3M owning close to two-thirds of the shares of Winterthur. Based on the current rate of tenders, 3M expects to be substantially above two-thirds at the end of the additional acceptance period. The additional acceptance period for the tender offer expires onmore...
  • 2/17/11 9:07 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has acquired Hybrivet Systems Inc., a leading provider of instant-read products to detect lead and other contaminants and toxins. Terms of the transaction were not disclosed. Hybrivet Systems’ flagship product is LeadCheck® Swabs, which is widely recognized as the fastest, easiest, most cost-effective lead detection product on the market. The LeadCheck brand has been at the forefront of lead detection and awarenessmore...