M&A Deal Summary

3M Acquires ABRASIVOS S.A.

On December 9, 2008, 3M acquired manufacturer ABRASIVOS S.A.

Acquisition Highlights
  • This is 3M’s 19th transaction in the Manufacturing sector.
  • This is 3M’s 1st transaction in Peru.

M&A Deal Summary

Date 2008-12-09
Target ABRASIVOS S.A.
Sector Manufacturing
Buyer(s) 3M
Deal Type Add-on Acquisition

Target

ABRASIVOS S.A.

Lima, Peru
ABRASIVOS has been the leader in the manufacture of coated abrasives in Peru, supplying the Peruvian market with a large variety of abrasive tools and related specialties and services. ABRASIVOS exports specialty products to North American converters and private label products for South American markets.

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Buyer(S) 1

Buyer

3M

St. Paul, Minnesota, United States

Category Company
Founded 1902
Sector Diversified
Employees92,000
Revenue 24.6B USD (2024)
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 that 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 52 of 81
Sector: Manufacturing M&A 19 of 20
Type: Add-on Acquisition M&A Deals 47 of 70
Country: Peru M&A 1 of 1
Year: 2008 M&A 14 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-24 Futuro Hosiery

Cincinnati, Ohio, United States

Futuro offers a complete product line of supports and compression hosiery products in 36 countries around the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-23 ACE Bandages

United States

ACE Brand bandages, braces, supports and hot & cold therapy products help consumers maintain their healthy, active lifestyle. The ACE bandage brand dates back to 1914.

Buy -