3M to sell Pressurized Polyurethane Foam Adhesives business

By Luisa Beltran — 4 weeks ago

3M has agreed to sell its Pressurized Polyurethane Foam Adhesives business (formerly known as Polyfoam) to Innovative Chemical Products Group, a portfolio company of Audax Private Equity. Financial terms weren’t announced. Pressurized Polyurethane Foam Adhesives business provides pressurized polyurethane foam adhesive formulations and systems to the residential roofing, commercial roofing and insulation and industrial foam segments of the United States.

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KKR to sell Capital Safety to 3M

By Iris Dorbian — 8 months ago

3M has agreed to buy Capital Safety from KKR. The deal is valued at $2.5 billion. Morgan Stanley served as financial advisor to 3M on the transaction while Goldman Sachs was financial advisor to KKR. Based in Bloomington, Minnesota, Capital Safety is a provider of fall proteciton equipment.

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3M Invests in HydroNovation

By Connie Loizos — 4 years ago

HydroNovation, a San Francisco-based water treatment company, has raised an undisclosed amount of Series B venture funding from 3M New Ventures, the corporate venture arm of Maplewood, Minn.-based 3M. According to an SEC filing, HydroNovation has raised almost $3.1 million in its latest securities offering. PRESS RELEASE: 3M New Ventures, the corporate venture organization of 3M, […]

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Avery Dennison Sells Office and Consumer Products Unit to 3M

By Connie Loizos — 4 years ago

3M, the Minneapolis-based company known best for its Scotch tape and Post-It notes, is acquiring the office and consumer products business of Pasadena, Calif-based Avery Dennison Corp. for $550 million in cash. The unit makes labels, binders, and HI-LITER markers, among other things. PRESS RELEASE: 3M announced today that it has entered into a definitive […]

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3M New Ventures Backs Pixel Qi

4 years ago

Pixel Qi Corp., a maker of next generation LCD panels, has inked an undisclosed amount from 3M New Ventures, a venture arm of 3M. Terms of the investment were not disclosed. Three-year-old Pixel Qi, which is based in San Bruno, Calif., makes sunlight-readable, low-power LCD panels aimed for mobile device applications. 3M New Ventures is based in Munich, Germany.

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3M Invests in MotionID Technologies

5 years ago

3M, through its 3M New Ventures business, invested an undisclosed amount in MotionID Technologies AG, a developer of an e-payment system that enables vehicles to be automatically equipped with a payment function. Terms of the deal were not released.

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3M Closes $810 Million Arizant Buy

By Luisa Beltran — 5 years ago

3M said Wednesday that its closed its $810 million buy of Arizant, of Eden Prairie, Minn., which develops products that keep patients warm in surgical settings. Court Square Capital, a New York PE firm, owned a majority of Arizant since 2004. St. Paul, Minn.-based 3M is a conglomerate that provides everything from post-it notes to dog treats.

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3M Backs Energy Inc.

By PEHub Administrator — 6 years ago

Energy Inc., a Charleston, S.C.-based maker of real-time electricity management devices for residential and commercial use, has received an undisclosed amount of VC funding from 3M.

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