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Press Releases

 

Mergers and Acquisitions

  • 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...
  • 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...
  • 7/23/09 2:00 pm CDT

    Acquisition Broadens 3M’s Consumer Business

    ST. PAUL, Minn. & WILTON, Conn.--(BUSINESS WIRE)--3M today announced that it recently acquired the ACE® branded (and related brands) elastic bandage and supports product lines and thermometer product line from BD (Becton, Dickinson and Company). Terms of the transaction were not disclosed. The foundation of the ACE® brand dates back to 1914 when BD began manufacturing elastic bandages in the United States. ACE® brand products are designedmore...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 11/24/08 11:11 am CST

    - Acquisition Expands 3M’s Consumer Health Supports Business -

    ST. PAUL, Minn. & WILTON, Conn.--(BUSINESS WIRE)--3M and Beiersdorf announced today that 3M has entered into a definitive agreement to acquire 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. Futuro’s complete line of therapeutic and sport supports – wraps, braces, and elasticmore...