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Acquisition expands 3M’s presence in personal safety industry.
March 17, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
3M announced that it has entered into a definitive agreement to acquire Scott Safety from Johnson Controls for a total enterprise value of $2.0 billion. Scott Safety is a leading manufacturer of innovative products, including self-contained breathing apparatus (SCBA) systems, gas and flame detection instruments, and other safety devices that complement 3M’s personal safety portfolio. Scott Safety employs approximately 1,500 people worldwide and is headquartered in Monroe, NC. “Personal safet...
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