3M Company acquired LeanTec (technology assets), a transaction completed in April 2022, structured as Asset acquisition (terms not disclosed).
LeanTec (technology assets) operates in Safety & Industrial (Automotive Aftermarket), is based in United States / Canada. 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.
Advances 3M's connected-bodyshop digital platform and RepairStack solution with new data integration.
Advisory firms were not disclosed for this transaction.