3M announced today that it has completed its acquisition of Unifam Sp. z o.o., a manufacturer of cut-off wheels, depressed center grinding wheels and flap discs. Terms of the transaction were not disclosed.
Unifam supplies conventional bonded wheels and flap discs used to cut and grind materials such as metallic sheet, rod, pipe and welds, for markets that include metalworking, shipbuilding, heavy equipment manufacturing and construction. Unifam currently produces products for 3M that feature 3M’s Cubitron Abrasive Grain, a ceramic aluminum oxide mineral designed to deliver a higher cut rate and longer life in demanding production environments.
3M Abrasive Systems Division is 3M’s “heritage business,” upon which the company was founded in 1902. 3M's brands are recognized around the world, making the company a leading abrasives supplier to manufacturers of medical, electronics, aerospace, automotive and thousands of other products. 3M abrasive technologies and brands, including Cubitron, Scotch-Brite, and Trizact, mean customers can trust 3M to provide quality, innovative products and solutions for virtually every purpose – from cutting and grinding to finishing and polishing.
About Unifam Sp. z o.o.
Since 1994, Unifam has offered cut-off wheels, depressed center grinding wheels and flap discs to domestic as well as foreign markets. Manufacturing headquarters are located in Poland. With the use of computer controlled processes, the most modern machines available, and an experienced workforce, Unifam delivers world class product to many satisfied customers.
About 3M – A Global, Diversified Technology Company
Every day, 3M people find new ways to make amazing things happen. Wherever they are, whatever they do, the company’s customers know they can rely on 3M to help make their lives better. 3M's brands include Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers around the world, the people of 3M use their expertise, technologies and global strength to lead in major markets including consumer and office; display and graphics; electronics and telecommunications; safety, security and protection services; health care; industrial and transportation.
3M, Cubitron, Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti are trademarks of 3M.
3MMedia Contacts:Stephen Sanchez, 651-737-5967or3M PolandIlona Gajewska, + 48 22 739 60 24orInvestor Contacts:Matt Ginter, 651-733-8206orBruce Jermeland, 651-733-1807
