M&A Deal Summary

Avon Technologies Acquires 3M - Ballistic Protection Business

On August 9, 2019, Avon Technologies acquired safety/security company 3M - Ballistic Protection Business from 3M for 116M USD

Acquisition Highlights
  • This is Avon Technologies’ 1st transaction in the Safety/Security sector.
  • This is Avon Technologies’ 2nd largest (disclosed) transaction.
  • This is Avon Technologies’ 1st transaction in the United States.
  • This is Avon Technologies’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2019-08-09
Target 3M - Ballistic Protection Business
Sector Safety/Security
Buyer(s) Avon Technologies
Sellers(s) 3M
Deal Type Divestiture
Deal Value 116M USD

Target

3M - Ballistic Protection Business

St. Paul, Minnesota, United States
3M Co. - Ballistic Protection Business is a is a provider of next generation armour solutions, including ballistic helmets and body armour, and is a trusted supplier to US and rest of world military and law enforcement customers.

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Buyer(S) 1

Buyer

Avon Technologies

Melksham, United Kingdom
Category Company
Founded 1890
Sector Safety/Security
Employees928
Revenue 244M GBP (2023)
DESCRIPTION

Avon Technologies designs, tests and manufactures advanced chemical, biological, radiological and nuclear (CBRN) respiratory protection solutions to the worlds military, law enforcement, first responder, emergency services, fire and industrial markets. Avon Technologies was incorporated in 1890 and is based in Melksham, England.

DEAL STATS #
Overall 2 of 3
Sector (Safety/Security) 1 of 2
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-26 VR Technology

Poole, United Kingdom

VR Technology Ltd. manufactures diving rebreather systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-02 milkrite InterPuls

Melksham, United Kingdom

milkrite InterPuls is a provider of dairy intelligence products and services and continues to add value to customers with components for milking equipment that are innovative, durable, and competitive in price. milkrite InterPuls is based in Melksham, United Kingdom.

Sell -

Seller(S) 1

SELLER

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 17 of 19
Sector (Safety/Security) 1 of 1
Type (Divestiture) 16 of 18
State (Minnesota) 9 of 11
Country (United States) 15 of 17
Year (2019) 2 of 4
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 3M - Gas & Flame Detection Business

St Paul, Minnesota, United States

3M Co. - Gas & Flame Detection Business is a gas and flame detection business provides a portfolio of fixed and portable industrial gas and flame detection instruments used in a variety of industries including petrochemical, power generation, oil & gas, food & beverage, mining and waste water treatment.

Sell $230M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 3M - Drive Thru Communications Systems Business

St Paul, Minnesota, United States

3M Co. - Drive Thru Communications Systems Business is a wireless communications solutions have modernized communication tasks in foodservice utilizing high-quality sound and speaker systems.

Sell -
Mergr

Product

Company

Legal