M&A Deal Summary

3M Acquires Capital Safety

On August 3, 2015, 3M acquired safety/security company Capital Safety from KKR for 2.5B USD

Acquisition Highlights
  • This is 3M’s 3rd transaction in the Safety/Security sector.
  • This is 3M’s 2nd largest (disclosed) transaction.
  • This is 3M’s 47th transaction in the United States.
  • This is 3M’s 4th transaction in Minnesota.

M&A Deal Summary

Date 2015-08-03
Target Capital Safety
Sector Safety/Security
Buyer(s) 3M
Sellers(s) KKR
Deal Type Add-on Acquisition
Deal Value 2.5B USD

Target

Capital Safety

Red Wing, Minnesota, United States
Capital Safety, Inc. is a provider of fall protection equipment for people working at height in a wide range of end user sectors including manufacturing, construction, oil and gas, and utilities.

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Buyer(S) 1

Buyer

3M

St Paul, Minnesota, United States

Category Company
Founded 1902
Sector Diversified
Employees92,000
Revenue 32.7B USD (2023)
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 75 of 81
Sector (Safety/Security) 3 of 3
Type (Add-on Acquisition) 66 of 70
State (Minnesota) 4 of 4
Country (United States) 47 of 51
Year (2015) 3 of 3
Size (of disclosed) 2 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-23 Polypore International - Separations Media Business

Charlotte, North Carolina, United States

Polypore International - Separations Media Business is a provider of microporous membranes and modules for filtration in the life sciences, industrial and specialty segments.

Buy $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 3M - North American Library Systems Business

St. Paul, Minnesota, United States

3M Library Systems business delivers circulation management solutions to library customers with on-premise hardware and software, maintenance and service, and an emerging cloud-based digital lending platform.

Sell -

Seller(S) 1

SELLER

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 510.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.


DEAL STATS #
Overall 69 of 204
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 23 of 66
State (Minnesota) 1 of 4
Country (United States) 36 of 89
Year (2015) 6 of 14
Size (of disclosed) 17 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 JBF Industries

Mumbai, India

JBF Industries manufactures polyester value-chain products ranging from polyester chips, polyester yarns and films that are used in the fast-moving consumer goods, textile and packaging industries. JBF Industries was founded in 1982 and is based in Mumbai, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-12 SunGard Data Systems

Wayne, Pennsylvania, United States

SunGard Data Systems, Inc. is a provider of software and processing solutions for the financial services industry, higher education, and the public sector in over 70 countries. SunGard also offers disaster recovery, managed IT, and information availability consulting services along with business continuity management software.

Sell $9.1B