M&A Deal Summary

3M Acquires Acolyte Biomedica

On February 14, 2007, 3M acquired medical products company Acolyte Biomedica

Acquisition Highlights
  • This is 3M’s 4th transaction in the Medical Products sector.
  • This is 3M’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2007-02-14
Target Acolyte Biomedica
Sector Medical Products
Buyer(s) 3M
Deal Type Add-on Acquisition

Target

Acolyte Biomedica

Salisbury, United Kingdom
Acolyte Biomedica Ltd. is a provider of an automated microbial detection platform that aids in the rapid detection, diagnosis, and treatment of infectious diseases.

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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 24 of 81
Sector: Medical Products M&A 4 of 14
Type: Add-on Acquisition M&A Deals 21 of 70
Country: United Kingdom M&A 3 of 6
Year: 2007 M&A 4 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-09 PolyMask

Conover, North Carolina, United States

PolyMask Corp. is a joint venture between 3M and Sealed Air that produces protective films. PolyMask protective films feature water-based acrylic adhesives, designed specifically for temporary surface protection of carpets, metals, glass, plastic and wood to guard against scratching, marring, chipping, abrasion and UV during production, packaging, shipping and installation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-23 Interchemall Household Cleaning Products

Grodzisk Mazowiecki, Poland

Interchemall Household Cleaning Products is a manufacturer of cleaning products including bath sponges, kitchen scrubbers and sponges, and wipes and cloths.

Buy -