M&A Deal Summary

3M Acquires Quest Technologies

On May 9, 2008, 3M acquired test/measurement equipment company Quest Technologies

Acquisition Highlights
  • This is 3M’s 3rd transaction in the Test/Measurement Equipment sector.
  • This is 3M’s 27th transaction in the United States.
  • This is 3M’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2008-05-09
Target Quest Technologies
Sector Test/Measurement Equipment
Buyer(s) 3M
Deal Type Add-on Acquisition

Target

Quest Technologies

Oconomowoc, Wisconsin, United States
Quest Technologies Inc. is a manufacturer of environmental monitoring equipment, including noise, heat stress and vibration monitors.

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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 40 of 81
Sector (Test/Measurement Equipment) 3 of 6
Type (Add-on Acquisition) 36 of 70
State (Wisconsin) 1 of 1
Country (United States) 27 of 51
Year (2008) 2 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-09 HighJump Software

Eden Praire, Minnesota, United States

HighJump Software, Inc. is a provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. HighJump Software was founded in 1983 and is based in Eden Praire, Minnesota.

Sell $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-15 IMTEC

Ardmore, Oklahoma, United States

IMTEC Corp. is a manufacturer of dental implants and cone beam computed tomography (CBCT) scanning equipment for dental and medical radiology headquartered in Ardmore, Oklahoma.

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