3M Completes Acquisition of E Wood Holdings PLC

3M announced today it has completed its acquisition of E Wood Holdings PLC, a North Yorkshire, U.K.-based manufacturer of high-performance protective coatings for oil, gas, water, rail and automotive industries.

This acquisition provides 3M enhanced access to key markets, including the rehabilitation of existing oil and gas pipelines, and the protection and rehabilitation of water pipelines and infrastructure. “E Wood’s expertise in liquids technologies for new pipes and rehabilitation coatings for existing pipes in oil, gas and water markets complements 3M’s core corrosion protection product offering of external powder coatings for new oil and gas pipelines,” said Richard Scott, general manager, 3M Corrosion Protection Products.

E Wood sells high-performance coatings under the Copon brand. Its Thortex and Thistlebond brands include a range of industrial maintenance products for the long-term protection of buildings, structures and machinery equipment operating in industrial and marine environments.

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3MMedia Contacts:Donna Fleming, 651-736-7646orUnited KingdomJohn Klee, 44 (0) 1344 858 516orInvestor Contacts:Matt Ginter, 651-733-8206orBruce Jermeland, 651-733-1807

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