3M Company acquired Polyfoam Products Inc., a transaction completed in August 2008, structured as Acquisition (terms not disclosed).
Polyfoam Products Inc. operates in Industrial (Industrial Adhesives and Tapes), is based in United States. 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.
Adds polyurethane foam formulations and dispensing equipment, expanding 3M into adjacent building/construction adhesive markets.
Advisory firms were not disclosed for this transaction.