Acquisition Broadens Infection Prevention Platform in Latin America
3M announced today it has acquired substantially all of the assets of Articulos de Papel DMS Chile, a Santiago, Chile-based manufacturer of disposable surgical packs, drapes, gowns and kits. Terms of the transaction were not disclosed.
This acquisition builds on 3M’s core medical business and expands its full-line of disposable drapes for infection prevention in Latin America. Disposable packs, drapes, gowns and kits enable a sterile environment in the operating room, which is critical to minimizing exposure to bacterial contamination for patients and medical professionals.
“The addition of DMS Chile will allow us to combine local know-how with 3M’s international expertise in infection prevention to deliver a wide range of value-added products to health professionals in Latin America,” said Chuck Kummeth, division vice president, 3M Medical Division. “Expanding our portfolio in this manner is directly aligned to our goal of continuing to be a leading and innovative partner with our health professionals,” added Fred Schiller, managing director, 3M Chile.
“3M is renowned for its quality standards and technology platforms in the medical industry, and is a natural fit to help expand this business regionally,” said Patricio Olivares, general manager, DMS Chile.
Since inventing Ioban antimicrobial incise surgical drape more than 30 years ago, 3M has been a worldwide leader in developing health care products and services that address infection control. 3M Health Care, one of 3M’s six major business segments, is dedicated to improving the practice, delivery and outcome of patient care and is a leading provider of solutions for medical, oral care, drug delivery and health information markets.
About DMS Chile
DMS Chile has a successful history of supplying the local market with sterile disposable surgical packs, drapes, gowns and kits for more than 20 years. The company is well recognized for its product quality, flexibility and speed to respond to customer needs. DMS Chile employs approximately 100 people at its operations in Santiago.
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Media Contacts:3MDonna Fleming, 651-736-7646or3M ChileDenise Baden, 562-410-3387orInvestor Contacts:3MMatt Ginter, 651-733-8206orBruce Jermeland, 651-733-1807
