3M Company acquired Grafoplast S.p.A., a transaction completed in November 2008, structured as Acquisition (terms not disclosed).
Grafoplast S.p.A. operates in Electro & Communications (Electrical Markets), is based in Italy / Europe. 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.
Complements 3M's wire and cable marking product range and expands into adjacent electrical markets.
Advisory firms were not disclosed for this transaction.