3 M to buy MTI unit

Dawson, Brad
March 2010
Rubber & Plastics News;3/22/2010, Vol. 39 Issue 17, p1
Trade Publication
The article reports that Silicone products manufacturer MTI Global Inc. plans to sell its MTI PolyFab subsidiary, which makes silicone thermal and acoustic insulation for the aerospace industry, to 3M Co.'s Canadian unit for 24 million dollars. 3M said it plans to combine MTI PolyFab's offerings with those of its own Aearo Technologies L.L.C. subsidiary, providing a comprehensive range of noise and vibration control products for the aerospace industry.


Related Articles

  • Strategic Buyer of the Year: 3M CORP. K. M. // Mergers & Acquisitions: The Dealermaker's Journal;May2009, Vol. 44 Issue 5, p61 

    The article presents information on various deals of 3M Corp. in 2008. 3M, which is awarded M&A 2008 Strategic Buyer of the Year award, had 18 separate acquisitions, paying an aggregate of $1.39 billion for all of them. 3M's strategy in 2008 was to complement areas already being targeted for...

  • EURO BRIEFS.  // Packaging Magazine;12/12/2002, Vol. 5 Issue 22, p6 

    Reports developments related to the packaging industry in Europe as of December 2002. Establishment of the RPC Dairy Packaging subsidiary of RPC Group; Sale of the Valmet Converting operations of Metso Corp. to Bobst Group; Acquisition of Avenir Print Service by Pechiney Soplaril Flexible Europe.

  • 3M acquires General Industrial Diamond.  // Welding Design & Fabrication;Apr2006, Vol. 79 Issue 4, p8 

    The article announces the acquisition of General Industrial Diamond Co., a manufacturer of superabrasive grinding wheels, dressing tools and machines, by 3M Co. The terms of the transaction were not yet make known to the public. 3M will oversee the acquired business through its 3M Abrasive...

  • 3M Acquires Superabrasives Firm. Seewald, Nancy // Chemical Week;3/8/2006, Vol. 168 Issue 8, p9 

    This article reports that 3M has agreed to acquire General Industrial Diamond as of March 2006. General Industrial is a manufacturer of superabrasive grinding wheels, dressing tools, and machines used to dimension, size, and finish materials in industrial and commercial markets. The acquisition...

  • 3M's worldwide shopping spree.  // Industrial Safety & Hygiene News;Oct2007, Vol. 41 Issue 10, p12A 

    The article reports that manufacturing giant 3M Co. has been snapping up smaller companies in the U.S. and overseas to increase revenue and profit under chief executive officer George Buckley. The two thirds of the sales growth for 3M's Safety, Security and Protection division have come from...

  • MERGERS & ACQUISITIONS.  // Paint & Coatings Industry;Jun2007, Vol. 23 Issue 6, p26 

    This section offers news briefs on mergers and acquisitions (M&A) in the coatings industry. Greenkote PLC has purchased the coating operations of Industrial Powder Coatings (IPC). 3M has finished its acquisition of E Wood Holdings PLC. Meanwhile, Akzo Nobel will sell its European-based...

  • Deals roundup.  // Medical Device Daily;7/8/2008, Vol. 12 Issue 130, p5 

    This article reports on the acquisition of Imtec, a manufacturer of dental implants and cone beam computed tomography scanning equipment for dental and medical radiology, by 3M, as of July 2008. Under the acquisition, Imtec will become a wholly-owned subsidiary of 3M. Terms of the transaction...

  • Agriculture deal marks end of Renault sell-offs. de Saint-Seine, Sylviane // Automotive News Europe;3/24/2003, Vol. 8 Issue 6, p17 

    Reports on the move of Renault to sell its Renault Agriculture farming equipment subsidiary to Claas. Stake sold by Renault in the subsidiary; Stake that will be retained by Renault; Revenue of Claas in 2002.

  • Around the State: Central.  // njbiz;1/7/2008, Vol. 21 Issue 2, p27 

    This section offers business news briefs in central New Jersey as of January 7, 2008. The New Jersey subsidiary of Aqua America Inc., a water utility holding company based in Bryn Mawr, Pennsylvania, has acquired the Stanton Ridge wastewater system in Hunterdon County. Merck & Co. Inc. has sold...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics