Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns run through 3M's acquisitions — what it looks for, how it pays, and how it folds in what it buys.
96 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.
3M (Safety and Graphics Business) agreed to acquire Scott Safety, headquartered in Monroe, North Carolina, from Johnson Controls for $2.0 billion. Scott Safety is a premier manufacturer of innovative products, including self-contained breathing apparatus systems, gas and flame detection instruments, and other safety devices that complement 3M's personal safety portfolio. $2.0 billion (subject to closing and other adjustments).
Completed in October 2017 via cash tender; reported within 3M's personal safety business.
3M acquired all of the ownership interests of the technology business of M*Modal for $0.7 billion of cash, net of cash acquired, and assumption of $0.3 billion of M*Modal's debt. Based in Pittsburgh, Pennsylvania, M*Modal is a leading healthcare technology provider of cloud-based, conversational artificial-intelligence-powered systems that help physicians efficiently capture and improve the patient narrative. $1.0 billion (approximately $0.7 billion cash net of cash acquired plus assumption of approximately $0.3 billion of debt).
Completed in February 2019; reported within 3M's Health Care business. Purchase consideration allocation completed in Q4 2019.
3M acquired Ceradyne, Inc. (NASDAQ: CRDN), headquartered in Costa Mesa, California, for $35.00 per share, an aggregate value of approximately $860 million (about $670 million net of cash, cash equivalents, short-term investments and debt acquired), via a cash tender offer followed by a merger. Ceradyne is a worldwide leader in the development and production of advanced technical ceramics for demanding applications in the automotive, oil and gas, solar, industrial, electronics and defense industries. $860 million aggregate (approximately $670 million net of cash, cash equivalents, short-term investments and debt acquired); $35.00 per share.
Completed in November 2012; tender offer plus subsequent merger; debt acquired was largely repaid.
3M acquired Cogent, Inc. (NASDAQ: COGT), commonly referred to as Cogent Systems, based in Pasadena, California, for $10.50 per share, an aggregate value of approximately $943 million (about $430 million net of cash acquired), via a cash tender offer. Cogent provides finger, palm, face and iris biometric systems for governments, law enforcement agencies and commercial enterprises. $943 million aggregate (approximately $430 million net of cash acquired); $10.50 per share.
Completed in late 2010; 3M later acquired the remaining noncontrolling interest in December 2010 (approximately $248 million) at the same per-share price.
3M agreed to acquire CUNO Incorporated, a filtration company, by merger. CUNO designs, manufactures and markets a comprehensive line of filtration products for the separation, clarification and purification of fluids and gases. Approximately $1.36 billion (including assumption of debt); comprised of $1.27 billion cash paid net of cash acquired plus $80 million of debt assumed.
Completed in 2005; CUNO became part of 3M's filtration operations.
In April 2008, 3M purchased 100 percent of the outstanding shares of Aearo Holding Corp., the parent company of Aearo Technologies Inc., a manufacturer of personal protection and energy-absorbing products. It was the largest of 18 business combinations 3M completed in 2008. Approximately $523 million cash paid (net of cash acquired) plus approximately $684 million of assumed debt immediately paid off (approximately $1.2 billion total).
Innovative Paper Technologies (IPT) makes inorganic-based technical papers, boards and laminates for high-temperature applications, and Powell supplies non-woven polyester mats for the electrical industry; both were owned by holding company OS Partners and employed about 90 people in Tilton, N.H. and Haverhill, Mass. 3M acquired the businesses to enter the adjacent flexible-insulation-materials market serving motor, transformer, appliance and wire/cable makers.
AC TECH manufactures quick-cure, light-weight polysulfide sealants for aerospace applications used to prevent corrosion, seal critical gaps and protect against foreign object debris. The acquisition expanded 3M's aerospace materials offering for manufacturing and maintenance of commercial and military aircraft.
Madison Fire & Rescue, acquired from Madison Industries, offers rescue technology and fire-suppression products under the Holmatro, Amkus, Task Force Tips, Fire Fighting Systems and Waterax brands. 3M and Bain Capital agreed to buy it for $1.95 billion and form a new joint venture into which 3M contributes its Scott Safety business, receives $700M of cash proceeds at closing and holds 50.1% (Bain 49.9%).
General Industrial Diamond Company, with facilities in New Jersey and Colorado (about 100 employees), manufactures superabrasive grinding wheels, dressing tools and machines used to dimension and finish hard-to-grind materials such as ceramics, thermal-spray coatings, stone, glass and carbides. Its bonded superabrasives broadened 3M's superabrasives platform.
LeanTec is a provider of digital inventory-management solutions for the automotive aftermarket in the U.S. and Canada. 3M acquired its technology assets to advance its 'connected bodyshop' platform, complementing 3M RepairStack Performance Solutions with greater data integration and business insight for body-shop owners.
3M acquired Acelity Inc. and its KCI subsidiaries worldwide, a leading global medical technology company focused on advanced wound care and specialty surgical applications marketed under the KCI brand, for a total enterprise value of approximately $6.7 billion including assumption of debt. $6.7 billion enterprise value (approx. $4.5 billion net of cash acquired plus assumption of debt).
Acelity is a recognized leading provider of advanced wound care technologies and solutions and an excellent complement to our Health Care business. This acquisition bolsters our Medical Solutions business and supports our growth strategy to offer comprehensive advanced and surgical wound care solutions to improve outcomes and enhance the patient and provider experience.Mike Roman — 3M chief executive officer (announcement)
This is an exciting day as we bring together two premier and innovative companies that are focused on delivering comprehensive health care solutions to enable better outcomes for patients. This addition further accelerates 3M as a leader in advanced wound care, which is a significant and growing market segment.Mike Roman — 3M chairman and CEO (closing)
Acelity is reported within 3M's Health Care business; 3M assumed debt in connection with the acquisition, a portion of which was redeemed or paid at close.
Elution Technologies is a Vermont-based manufacturer of test kits that help food and beverage companies ensure their products are free from certain allergens such as peanuts, soy or milk. In 2017 3M acquired the company's ownership interests, broadening the allergen-detection portfolio of its Food Safety business.
Semfinder (Semfinder AG and Sembrowser AG) is a Swiss developer of precision software that enables efficient, multilingual coding of medical procedures. In September 2016 3M acquired all of the companies' outstanding shares for approximately $16 million (net of cash acquired), adding semantic coding technology to accelerate availability of its 3M 360 Encompass System in markets adopting electronic medical records.
3M acquired the assets and liabilities associated with Polypore International, Inc.'s Separations Media business for a purchase price of $1.0 billion. The business is a leading provider of microporous membranes and modules for blood treatments, ultrafiltration and gas transfer across life science, electronic, industrial, and specialty segments. $1.0 billion (purchase price).
Completed August 26, 2015; became part of the 3M Membranes business unit within 3M's Industrial Business.
3M acquired Capital Safety, a leading global provider of fall protection equipment, from KKR for a total enterprise value of $2.5 billion including the assumption of approximately $0.7 billion of debt, net of cash acquired. Products include harnesses, lanyards, self-retracting lifelines and engineered systems under the DBI-SALA and PROTECTA brands. $2.5 billion enterprise value (including assumption of approximately $0.7 billion of debt, net of cash acquired).
Acquisition completed August 3, 2015; reported within 3M's personal safety platform.
Ivera Medical is a manufacturer of health care products that disinfect and protect devices used for access into a patient's bloodstream. In March 2015 3M purchased all of the company's outstanding shares, adding infection-prevention products to its health care portfolio through the Critical & Chronic Care Solutions Division.
Treo Solutions is a provider of data analytics and business intelligence to healthcare payers and providers, helping clients benchmark performance and transition to value-based care. In April 2014 3M purchased all of the company's outstanding equity interests for approximately $94 million (net of cash acquired), strengthening its health information systems analytics capabilities.
Federal Signal Technologies Group (FSTech) focuses on electronic toll collection and parking-management hardware and software services. In September 2012 3M purchased the net assets of the business from Federal Signal Corp. for approximately $104 million, extending its traffic-solutions business into the adjacent electronic tolling and parking-management markets.
CodeRyte is a clinical natural-language-processing (NLP) and computer-assisted coding company for outpatient healthcare providers, with products including CodeAssist, CodeComplete and DataScout. 3M, which had worked with CodeRyte since 2009, acquired it to apply its NLP engine to the 3M 360 Encompass System for clinical documentation and coding.
GPI Group is a French manufacturer and marketer of home-improvement products including tapes, hooks, insulation and floor-protection products. In October 2011 3M acquired the company's do-it-yourself and professional business, expanding its consumer home-improvement offering in Europe.
Piranha Plastics provides plastic molding and paint solutions to the automotive aftermarket. In July 2011 3M purchased certain assets of the company, adding molding and finishing capabilities that support its automotive aftermarket business.
AP&T is a Korea-based provider of advanced sputtering and plating services, materials and manufacturing for flexible circuits used in mobile hand-held devices, touch-screen panels and displays. In April 2011 3M purchased all of the company's outstanding shares, strengthening its electronics materials capabilities.
Original Wraps specializes in personalization platforms for vehicles and vehicle accessories. In April 2011 3M purchased all of the company's outstanding shares, adding vehicle personalization and graphics capabilities to its business.
Winterthur Technologie is a leading global supplier of precision grinding technology, including bonded grinding tools for hard-to-grind precision applications across industrial, automotive, aircraft and cutting-tool markets. In early March 2011 3M acquired a controlling interest through a public tender offer (owning roughly 86%) and purchased the remaining shares to reach full 100% ownership by December 2011, significantly expanding its abrasives business.
Alpha Beta Enterprise is a Taipei-based manufacturer of box-sealing tape and masking tape. In February 2011 3M completed the acquisition of all of the company's outstanding shares, adding tape manufacturing capacity in the Asia-Pacific region to its industrial business.
Hybrivet Systems provides instant-read products that detect lead and other contaminants and toxins. In February 2011 3M purchased all of the company's outstanding shares, adding consumer-facing contaminant-detection products to its portfolio.
Nida-Core is a manufacturer of structural honeycomb core and fiber-reinforced foam core materials used in lightweight composite structures. In January 2011 3M purchased certain assets of the company, strengthening its industrial adhesives and advanced materials offering.
Attenti, ultimate parent of Attenti Ltd. with major operations in Israel and the U.S., is a leading supplier of remote people-monitoring technologies used for offender monitoring (people awaiting trial or on probation) and to enhance patient safety in eldercare facilities. 3M bought the company from an investor group led by Francisco Partners, adding GPS and active radio-frequency capability to its track-and-trace portfolio.
Arizant, based in Eden Prairie, Minnesota, created the forced-air patient-warming category with its Bair Hugger therapy and also makes the Bair Paws adjustable warming system and Ranger blood/fluid warming systems used to keep surgical patients at normal body temperature. 3M acquired the company (previously majority-owned by Court Square Capital) to expand its infection-prevention platform, since maintaining normothermia helps reduce surgical site infections.
Ross Outdoor Sports Specialties is a Colorado manufacturer of fly-fishing equipment and accessories. 3M purchased certain assets of the business, adding to the fly-fishing product lines within its Consumer and Office business.
Hangzhou ORJ Medical Instrument and Material is a Chinese manufacturer of orthodontic supplies. In October 2010 3M purchased all of the company's outstanding shares, expanding the manufacturing footprint and product range of its oral care and health care operations in China.
Dailys Limited is a UK supplier of non-woven disposable protective clothing, primarily chemical protective coveralls for industrial use, based in Ellesmere Port. 3M purchased all outstanding shares of the company to expand its Safety, Security and Protection Services personal-protection offering.
MTI PolyFab is a Mississauga, Ontario manufacturer of thermal and acoustic insulation for the aerospace industry. 3M purchased all outstanding shares of the company, adding aerospace insulation capabilities to its Industrial and Transportation business.
J.R. Phoenix Ltd. is a Kitchener, Ontario manufacturer of hand-hygiene and skin-care products for health care and professional use. 3M purchased certain assets of the business to broaden its Health Care hand-hygiene and skin-care offering.
The A-One branded label business, based in Tokyo, Japan, produces consumer and office labeling products. 3M acquired a majority stake, but embedded put/call options on the minority shares required it to account for the transaction as an acquisition of all interests, recording a five-year financed liability of approximately 1.7 billion JPY (about $18 million).
Incavas Industria de Cabos e Vassouras is a Brazilian manufacturer of floor-care products based in Rio Grande do Sul. 3M purchased all outstanding shares of the company, expanding its Consumer and Office floor-care manufacturing footprint in Brazil.
The ACE-branded (and related brands) elastic bandage, supports and thermometer product lines were acquired from Becton, Dickinson and Company and are sold broadly through North American consumer channels such as drug stores, mass merchandisers, grocers and sporting-goods retailers. 3M purchased the lines, recording an indefinite-lived ACE brand intangible, to expand its branded consumer health-supports business.
Meguiar's International, UK is the Daventry-based distributor of Meguiar's, Inc. automotive care products. 3M acquired 100% of the distributor, complementing its earlier purchase of Meguiar's, Inc. and consolidating distribution of the Meguiar's brand in the United Kingdom under its Industrial and Transportation business.
Compac Corp.'s pressure-sensitive adhesive tape business is a global leader in custom coating, laminating and converting of flexible substrates. 3M purchased the assets of the business to strengthen its Industrial and Transportation tapes and adhesives platform.
Alltech Solutions is a Moncton, New Brunswick provider of water-pipe rehabilitation services. 3M acquired 100% of the company, adding trenchless pipe-rehabilitation capabilities to its Safety, Security and Protection Services business.
Financiere Burgienne is a French producer of finished license plates sold under the FAAB and Fabricauto brands. 3M acquired 100% of the company to strengthen its Display and Graphics business, which supplies the reflective and security materials used in vehicle license plates.
ABRASIVOS S.A. is a Lima, Peru-based manufacturer of coated abrasives. 3M acquired 100% of the company, adding regional abrasives manufacturing to its Industrial and Transportation business.
The Futuro product line, acquired from Beiersdorf AG, comprises therapeutic and sport health supports and compression hosiery, including wraps, braces and elastic bandages that provide compression, stability and heat retention. 3M purchased certain assets of the line to expand the branded consumer health-supports portfolio in its Consumer and Office business.
Grafoplast, founded in 1963 and headquartered in Predosa, Italy (about 90 employees), manufactures wire-identification systems for the wire and cable market, including thermal printers, software, cable holders and insulated end sleeves. The deal complements 3M's electrical permanent-marking and wire-marking products across Europe.
Food Diagnostics AS is an Oslo, Norway-based provider of food-diagnostics products and services for the food-safety industry. 3M purchased certain assets of the business to broaden the testing and diagnostics offering within its Health Care segment.
Meguiar's is an Irvine, California company with roughly a century of history that manufactures the leading Meguiar's brand of car-care products - waxes, polishes, cleaners and protectants - for cleaning and protecting automotive and marine surfaces. 3M acquired 100% of the family business to add a premier consumer and professional car-care brand to its automotive aftermarket portfolio; 3M recognized a $58 million indefinite-lived brand intangible tied to the Meguiar's name.
EMFI and SAPO are Haguenau, France manufacturers of polyurethane-based structural adhesives and sealants. 3M acquired 100% of both companies to strengthen its industrial adhesives and sealants portfolio in Europe.
Ligacon AG is a Switzerland-based manufacturer and supplier of filtration systems and filter elements for the pharmaceutical, biotech and general industrial markets. 3M acquired 100% of the company to expand its separation and purification (filtration) capabilities within the Industrial and Transportation segment.
Polyfoam Products is a structural-adhesives company specializing in polyurethane foam adhesives for tile roofing (a patented alternative to mechanical fastening that helps tiles resist hurricane-force winds) and other adhesive products for the building industry. It broadened 3M's industrial adhesives portfolio and presence in building and construction.
TOP-Service fur Lingualtechnik is a Bad Essen, Germany orthodontic technology and services company offering a digital lingual (behind-the-teeth) orthodontic solution. 3M acquired 100% of the business to expand its orthodontics offering within its Health Care segment.
Dedication to Detail is a Philadelphia-based manufacturer of paint finishing systems, including buffing and polishing pads. 3M acquired 100% of the business to strengthen its automotive and industrial surface-finishing product offering.
Quest Technologies is an Oconomowoc, Wisconsin manufacturer of environmental monitoring equipment, including instruments that measure noise, heat stress and vibration. 3M acquired 100% of the company, which became a wholly owned subsidiary, to broaden its presence in the industrial hygiene and safety-equipment markets by adding Quest's sound-monitoring technology to its personal protective equipment offering.
K&H Surface Technologies is an Australian manufacturer specializing in repair products for the professional and DIY automotive refinish markets. 3M acquired 100% of the business to expand its automotive aftermarket refinish offering in the Asia-Pacific region.
IMTEC Corp. is an Ardmore, Oklahoma manufacturer of dental implants and cone-beam computed tomography (CBCT) scanning equipment for dental and medical radiology, best known for its mini dental implants. 3M acquired 100% of the company, giving its dental business (3M ESPE) access to two fast-growing dental segments and enabling a digital total-restorative approach.
Solumed is a Quebec-based developer and marketer of medical products designed to prevent infections in operating rooms and hospitals. 3M acquired 100% of the company to broaden its infection-prevention offering within its Health Care business.
Kolors Kevarkian is an Argentina-based manufacturer of branded floor-cleaning tools. 3M acquired 100% of the company to strengthen its consumer and home-cleaning product presence in Latin America.
Hitech Polymers is a Hebron, Kentucky manufacturer of specialty thermoplastic polymers and a provider of toll thermoplastic compounding services. 3M purchased certain assets of the business to expand its materials and compounding capabilities within the Industrial and Transportation segment.
Standard Abrasives is a Simi Valley, California manufacturer of coated abrasive specialties and non-woven abrasive products used in the metalworking industry. 3M purchased certain assets of the business to broaden its abrasives portfolio alongside brands such as Cubitron, Scotch-Brite and Trizact.
Unifam is a Poland-based manufacturer of cut-off wheels, depressed-center grinding wheels and flap discs. 3M acquired 100% of the company to extend its bonded and coated abrasives line and strengthen its position in the European metalworking market.
Bondo Corp. is an Atlanta-based manufacturer of auto body repair products for the automotive aftermarket as well as household repair, marine and consumer applications, sold under brands including Bondo, Mar-Hyde, Dynatron and Marson. 3M purchased certain assets of the business, whose well-known brand complements 3M's existing line of auto body repair products used by collision-repair professionals and enthusiasts.
Abzil Industria e Comercio is a Brazil-based manufacturer of orthodontic products (brackets, tubes, bands, wires and accessories) and was the second-largest player in Brazil's orthodontic market. 3M acquired 100% of the company to grow its Unitek orthodontics business and local manufacturing in Latin America.
Venture Tape Corp. is a Rockland, Massachusetts-based global provider of pressure-sensitive adhesive tapes used in construction, oil and gas, HVAC, electronics, aerospace, marine and appliance markets. 3M acquired 100% of the company and certain related entities to broaden its pressure-sensitive tape platform, gain new distribution channels and expand into adjacent markets such as construction.
This acquisition broadens our pressure sensitive adhesive tape platform, brings new channels to 3M, and allows us to expand into adjacent markets such as construction.Patrick Deconinck — Division Vice President, 3M Industrial Adhesives and Tapes Division
Macroworx Media is a Bangalore, India software company specializing in the design and development of digital signage solutions. 3M acquired certain assets to strengthen the digital signage capabilities of its Display and Graphics business.
Lingualcare is a Dallas-based orthodontic technology and services company offering the iBraces customized lingual orthodontic system, which uses a proprietary process to create lower-profile, more comfortable braces bonded to the back of the teeth. 3M acquired 100% of the company to add customized lingual orthodontics to its 3M Unitek orthodontics portfolio.
Neoplast Co. is a manufacturer and distributor of surgical tapes, dressings and first-aid bandages for professional and consumer markets across the Asia Pacific region. 3M acquired certain assets to expand its health-care wound-care and medical-tapes presence in Asia Pacific.
Rochford Thompson Equipment is a Newbury, UK manufacturer of optical character recognition (OCR) passport readers used by airlines and immigration authorities. 3M acquired 100% of the company, whose core skills in data capture from identity documents and RFID chips strengthened 3M's security and border-control document-scanning offerings.
Diamond Productions Inc. (DPI), located in Wayne, New Jersey (about 50 employees), manufactures superabrasive diamond and CBN (cubic boron nitride) wheels and tools for dimensioning and finishing hard-to-grind materials in metalworking, woodworking and stone-fabrication markets. It expanded 3M's superabrasives business into industrial stone processing.
DMS Chile, based in Santiago, Chile, manufactures disposable surgical packs, drapes, gowns and kits that help maintain a sterile operating-room environment. 3M acquired substantially all of its assets to expand its disposable-drape and infection-prevention line in Latin America.
E Wood Holdings, based in North Yorkshire, U.K., makes high-performance protective coatings (sold under the Copon, Thortex and Thistlebond brands) for oil, gas, water, rail and automotive industries, including pipeline and infrastructure rehabilitation coatings. 3M acquired it to gain access to pipeline-protection and rehabilitation markets complementing its corrosion-protection powder coatings.
Accuspray Application Technologies manufactures spray paint equipment, including spray guns for architectural, automotive refinishing, industrial and woodworking applications. 3M acquired certain assets to bring turbine systems and pressurized cup guns to its core paint preparation systems business, enabling a more complete customer offering alongside its disposable lids and liners.
PolyMask Corporation was a 3M/Sealed Air joint venture producing protective films. In February 2007, 3M purchased Sealed Air Corporation's 50% interest, giving 3M full ownership of the protective-films business.
Acolyte Biomedica is a Salisbury, UK provider of an automated microbial detection platform that supports rapid detection, diagnosis and treatment of infectious diseases. 3M acquired 100% of the company, adding a pipeline of rapid culture-based screening tests for microbes such as MRSA and VRE to its infection-prevention and medical-diagnostics portfolio.
SoftMed Systems is a provider of health-information-management software and services that improve workflow and efficiency for healthcare organizations. 3M merged it into its Health Information Systems division, adding document- and workflow-management solutions to 3M's reimbursement, compliance and quality-management tools used by more than 5,000 healthcare organizations.
Mahindra Engineering and Chemical Products is an India-based manufacturer of cable jointing kits and accessories. 3M purchased certain of its assets to strengthen its electrical and telecommunications products business in India.
Global Beverage Group is a Canadian provider of delivery-management software for the direct-store-delivery of consumer packaged goods. 3M acquired 100% of the company to extend its capabilities in supply-chain and track-and-trace solutions.
Biotrace International is a Bridgend, UK manufacturer and supplier of industrial microbiology products used in food-processing safety, health care, industrial hygiene and defense applications. 3M acquired 100% of the publicly listed company to broaden its microbiology portfolio, complementing its widely used 3M Petrifilm Plate product line for food processors.
Nylonge Corp is a global provider of household cleaning products, including cellulose sponges, scrub sponges and household wipes. 3M acquired certain of Nylonge's assets to broaden its Consumer and Office cleaning-product portfolio.
NorthStar Chemicals is a Cartersville, Georgia-based adhesive manufacturer. 3M purchased 100% of the company to strengthen its adhesives capabilities within the Industrial and Transportation business.
Brontes Technologies was a Lexington, Massachusetts developer of proprietary 3-D intraoral imaging technology for dental and orthodontic applications. 3M acquired 100% of the company for $95 million in cash in October 2006, adding digital dental impression capability used to design and produce crowns, bridges and orthodontic appliances to its oral care business.
Credence Technologies was a Soquel, California provider of instruments and high-end monitoring equipment for electrostatic discharge (ESD) control and electromagnetic compliance, used in the design and production of semiconductors, hard disc drives and flat panel displays. 3M purchased 100% of the company in September 2006 to build its static-control business, complementing its earlier acquisition of SCC Products.
Archon Technologies, based in Denver, Colorado, provides enterprise software for motor-vehicle agencies, managing vehicle registration, titling, driver licensing, professional licensing, dealer credentialing and revenue management. 3M acquired it to strengthen its solutions that help motor-vehicle agencies operate more efficiently.
Security Printing and Systems Limited (SPSL) was a UK producer of finished, personalized passports and secure cards, acquired from authentos GmbH of Germany. 3M purchased 100% of the company in August 2006, expanding its product line for border and civil security solutions with SPSL's expertise in biometric passports and secure documents.
Aerion Technologies was a Denver, Colorado maker of safety products including heat-stress monitors, thermal imaging cameras, and gas detection equipment such as carbon monoxide detectors. 3M purchased 100% of the company in August 2006, expanding its safety product line with portable and fixed gas detection systems.
SCC Products supplied flexible static-control packaging and workstation products for electronic devices, and JJ Converting produced the films used to make static-control bags; both were based in Sanford, North Carolina. 3M purchased certain assets of both companies in July 2006 to broaden its electronic solutions for flexible packaging and static control.
Pinnacle Distribution Concepts was a transportation management system (TMS) provider specializing in web-based, on-demand solutions such as its FreightLogic service. It was acquired in July 2006 by HighJump Software, a 3M company, expanding HighJump's presence in the transportation market and helping customers minimize shipping costs.
SBG GmbH was a Berlin-based developer of software for managing diagnosis-related information in hospitals, including its KODIP coding and grouper solution used across more than a thousand German hospitals. 3M purchased 100% of the company in June 2006, strengthening the coding, grouping and quality-assurance capabilities of its Health Information Systems division.
POMP Medical and Occupational Health Products was a Porto Alegre, Brazil-based provider of safety products including earplugs, eyewear and hand cream. 3M purchased certain assets of the business in June 2006, expanding its occupational health and safety offering in Brazil.
OMNII Oral Pharmaceuticals, headquartered in West Palm Beach, Florida, provides preventive dental products, solutions and support for dental professionals. 3M (through 3M ESPE) acquired it as a wholly owned subsidiary to strengthen its preventive oral-care offering amid growing demand for preventive dental care.
ClozeX Medical was a provider of skin closure devices used to treat lacerations and close surgical incisions. In April 2006 3M purchased certain assets, gaining exclusive worldwide rights to the ClozeX Wound Closures, which it added to its wound care product line.
Interchemall Dom was a Poland-based provider of household cleaning products, including SYRENA bath sponges, PLUS kitchen scrubbers and sponges, and PRIMA wipes and cloths. 3M's Home Care Division purchased the business (announced August 2005, closed January 2006) to expand its home care operations in Eastern Europe.
In 2005 3M purchased certain assets of Siemens' Ultrasound division flexible-circuit manufacturing line. The operation produces flexible interconnect circuits used in the transducers of ultrasound machines, extending 3M's electronics interconnect capabilities.
Mercury Online Solutions provided hardware and software technologies and network management services for digital signage and interactive kiosk networks. 3M purchased certain assets in 2005, and the business became the foundation of 3M Digital Signage.
Info-X, based in New Jersey, is a provider of medical coding compliance software and data used to manage hospital billing and regulatory compliance. 3M folded it into its Salt Lake City-based Health Information Systems division, integrating Info-X products so providers can check local medical review policies at the point of coding.
Hornell Holding (Hornell International) was a Sweden-based global supplier of personal protective equipment for welding applications, best known for its Speedglas auto-darkening welding filters and Adflo respiratory protection. 3M initially purchased 91% of the company in March 2004 (later acquiring the remainder), broadening its welding safety offering and access to a fast-growing segment of the welding industry.
HighJump Software was a provider of supply chain execution software and solutions, offering warehouse, distribution and supply chain management applications. 3M purchased 100% of the company's common shares in February 2004, using the acquisition as a platform to grow its industrial services and solutions business.