- Acquisition Broadens 3M’s Portfolio of Body Protection Solutions -

Tuesday, July 6, 2010 8:00 am CDT

Dateline:

ST. PAUL, Minn.

Public Company Information:

NYSE:
MMM
"Adding products from Dailys will accelerate our presence in disposable protective clothing not only in the U.K. but globally as well"

ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has acquired Dailys Ltd., a supplier of non-woven disposable protective clothing, primarily chemical protective coveralls for industrial use. Terms of the transaction were not disclosed.

“This acquisition supports our strategic direction by broadening our protective apparel portfolio,” said Julie Bushman, vice president and general manager, 3M Occupational Health and Environmental Safety Division. “Adding products from Dailys will accelerate our presence in disposable protective clothing not only in the U.K. but globally as well,” said Jim McSheffrey, managing director, 3M United Kingdom.

“3M’s culture of innovation fits well with our own,” said David Sallon, chairman, Dailys Ltd. “Its research and development capabilities, along with global reach, will help to expand and grow our business,” added Benjamin Sallon, co-managing director, Dailys Ltd.

Dailys employs 26 people and is located in Ellesmere Port, United Kingdom.

About Dailys Ltd.
Dailys Ltd. is a family business with over 40 years of experience in converting non-woven fabrics. Dailys works with leading non-woven extruders to bring innovation and quality to industrial, medical, personal care and consumer markets. Its recognized brands such as Macrobond, Candour FR and Candex coveralls are internationally respected for value and quality.

About 3M
A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M’s core strength is applying its more than 40 distinct technology platforms – often in combination – to a wide array of customer needs. With $23 billion in sales, 3M employs 75,000 people worldwide and has operations in more than 65 countries. For more information, visit www.3M.com.

Macrobond, Candour FR and Candex are trademarks of Dailys.

Contact:

Media Contacts:
John Klee, 3M United Kingdom
44 (0) 1344 858 516
or
Donna Fleming Runyon, 3M St. Paul
651-736-7646
or
Investor Contacts:
Matt Ginter, 3M
651-733-8206
or
Bruce Jermeland, 3M
651-733-1807

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The brands listed above are trademarks of 3M.
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