M&A Deal Summary

Avon Technologies Acquires 3M Co. - Ballistic Protection Business

On August 9, 2019, Avon Technologies acquired safety/security company 3M Co. - 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 Co. - Ballistic Protection Business
Sector Safety/Security
Buyer(s) Avon Technologies
Sellers(s) 3M
Deal Type Divestiture
Deal Value 116M USD

Target

3M Co. - 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
Employees917
Revenue 275M GBP (2024)
DESCRIPTION

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


DEAL STATS #
Overall 2 of 3
Sector: Safety/Security M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2019 M&A 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 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 17 of 20
Sector: Safety/Security M&A 1 of 1
Type: Divestiture M&A Deals 16 of 18
State: Minnesota M&A 9 of 12
Country: United States M&A 15 of 18
Year: 2019 M&A 2 of 4
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 3M Co. - 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 Co. - 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 -