3M News Center

3M Completes Acquisition of A-One Office & Consumer Label Business in Japan

Tuesday, April 6, 2010 8:00 am CDT

Dateline:

ST. PAUL, Minn. & TOKYO

Public Company Information:

NYSE:
MMM

ST. PAUL, Minn. & TOKYO--(BUSINESS WIRE)--3M has completed its acquisition of 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. For over 50 years, A-One has offered label products with the highest level of Japanese quality, design and innovation with current distribution at all major retail and stationery channels throughout Japan.

3M entered the U.S. consumer and office label market in 2009 under the flagship Post-it and 3M brands and brought new innovation and excitement to the category. The acquisition of A-One will accelerate 3M’s growth in this important category, provide valuable technical expertise, and solidify 3M’s commitment to be a global leader in the consumer and office label business.

About A-One

A-One is the leading branded office and consumer label producer in Japan. A-One is headquartered in Tokyo with manufacturing, distribution and sales locations around Japan. Founded in 1959 by Yoshiaki Arai, A-One is majority owned by the Arai family and led by President Hiroaki Arai.

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.

3M and Post-it are trademarks of 3M.

Contact:

3M
Media Contact:
Donna Fleming Runyon, 651-736-7646
or
Investor Contacts:
Matt Ginter, 651-733-8206
or
Bruce Jermeland, 651-733-1807

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