M&A Deal Summary

3M Acquires Food Diagnostics AS

On November 7, 2008, 3M acquired test/measurement equipment company Food Diagnostics AS

Acquisition Highlights
  • This is 3M’s 4th transaction in the Test/Measurement Equipment sector.
  • This is 3M’s 1st transaction in Norway.

M&A Deal Summary

Date 2008-11-07
Target Food Diagnostics AS
Sector Test/Measurement Equipment
Buyer(s) 3M
Deal Type Add-on Acquisition

Target

Food Diagnostics AS

Olso, Norway
Food Diagnostics is a technical sales and marketing service provider to the food processing industry. Food Diagnostics employs five people and is located in Oslo, Norway.

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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 49 of 81
Sector: Test/Measurement Equipment M&A 4 of 6
Type: Add-on Acquisition M&A Deals 45 of 70
Country: Norway M&A 1 of 1
Year: 2008 M&A 11 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-13 Financière Burgienne SAS

Bourg-en-Bresse, France

Financière Burgienne is a producer of finished license plates under the FAAB and FABRICAUTO brands in France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-12 Grafoplast

Predosa, Italy

Grafoplast is an Italian company that develops and markets innovative identification systems for the industrial and building automation. Grafoplast marking systems are available for all kinds of cables, wires, and for electrical components and available in all major European countries. Grafoplast is headquartered in Predosa, Italy and employs approximately 90 people.

Buy -