M&A Deal Summary

3M Acquires Ceradyne

On October 1, 2012, 3M acquired plastics company Ceradyne for 860M USD

Acquisition Highlights
  • This is 3M’s 1st transaction in the Plastics sector.
  • This is 3M’s 8th largest (disclosed) transaction.
  • This is 3M’s 43rd transaction in the United States.
  • This is 3M’s 6th transaction in California.

M&A Deal Summary
Date 2012-10-01
Target Ceradyne
Sector Plastics
Buyer(s) 3M
Deal Type Add-on Acquisition
Deal Value 860M USD
Advisor(s) Citigroup Investment Banking (Financial)

Target

Ceradyne

Costa Mesa, California, United States
website
Ceradyne, Inc. engages in the development, manufacture, and marketing of technical ceramics suitable for a number of high-end applications, including the ceramic armored vests used by soldiers.

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Buyer(S) 1

Buyer

3M

St Paul, Minnesota, United States

website

Category Company
Founded 1902
Sector Diversified
Employees92,000
Revenue 34.2B USD (2022)
DESCRIPTION
Entrance to 3M's corporate campus in St. Paul, Minnesota.
Entrance to 3M's corporate campus in St. Paul, Minnesota.

3M is a diversified manufacturing and technology company. The Company produces a variety of adhesives, abrasives, safety products, chemicals, and other goods for consumers and businesses. 3M was incorporated in 1902 and is based in St. Paul, Minnesota.

DEAL STATS #
Overall 71 of 81
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 63 of 70
State (California) 6 of 7
Country (United States) 43 of 51
Year (2012) 3 of 3
Size (of disclosed) 8 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-21 FSTech

Illinois, United States

FSTech provides electronic toll collection and parking management hardware and software services.

Buy $110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-01 Ross Reels

Montrose, Colorado, United States

Ross Reels is a Colorado-based manufacturer of fly fishing equipment and accessories.

Sell -
Mergr

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