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Acquisition extends 3M’s footprint in office, education and consumer categories; broadens array of leading brands
January 3, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
3M announced that it has entered into a definitive agreement to acquire the Office and Consumer Products business (OCP) of Avery Dennison Corp. for a total purchase price of $550 million in cash, subject to post-closing adjustments. The OCP business of Avery Dennison is one of the world’s leading suppliers of office and education products, including labels, binders, presentation products, filing and indexing products, writing instruments and other office and home organization products. OCP al...
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