3M Company acquired Diamond Productions Inc., a transaction completed in June 2007, structured as Acquisition (terms not disclosed).
Diamond Productions Inc. operates in Industrial (Abrasive Systems), is based in United States. 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.
Enhances 3M's grinding and finishing product line and extends it to stone, marble and concrete.
Advisory firms were not disclosed for this transaction.