M&A Deal Summary

3M Acquires Standard Abrasives

On November 1, 2007, 3M acquired manufacturer Standard Abrasives

Acquisition Highlights
  • This is 3M’s 13th transaction in the Manufacturing sector.
  • This is 3M’s 24th transaction in the United States.
  • This is 3M’s 2nd transaction in California.

M&A Deal Summary
Date 2007-11-01
Target Standard Abrasives
Sector Manufacturing
Buyer(s) 3M
Deal Type Add-on Acquisition

Target

Standard Abrasives

Simi Valley, California, United States
Standard Abrasives is a manufacturer of coated abrasive specialties and non-woven abrasive products for the metalworking industry.

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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 36 of 81
Sector (Manufacturing) 13 of 20
Type (Add-on Acquisition) 32 of 70
State (California) 2 of 7
Country (United States) 24 of 51
Year (2007) 16 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-22 Unifam Sp. z o.o.

Skomielna Biala, Poland

Unifam Sp. z o.o. is a manufacturer of cut-off wheels, depressed center grinding wheels and flap discs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-06 Bondo

Atlanta, Georgia, United States

Bondo manufactures and markets automotive body repair, household repair and marine products under the Bondo, Mar-Hyde, Bondo Home Solutions, Dynatron, Marson, Laminex and Bondo Marine brand names. Its extensive product line has over seven hundred items including adhesive kits, body fillers and putties, fiberglass repair products, paint removers, rust convertors, plastic repair products, rivets, undercoatings, bumper and trim products.

Buy -
Mergr

Product

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