News
3M Finalizes Sale of Electronic Monitoring Division
October 3, 2017
Accessible by: anyone
3M has completed the divestment of its electronic monitoring business to private equity firm Apax Partners LLP.
Per the terms of the US$200 million deal, which was announced in June, more than 260 employees of 3M’s monitoring division will transfer to Apax Partners.
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About 3M
With global sales of US$25 billion, 3M is a leading producer of thousands of products ranging from chemicals, filtration systems, and safety and protection equipment to office, graphics, and health care equipment. For more information, visit www.3m.com.
