3M
Traded as NYSE: MMM
Industry Diversified Machinery
Founded 1902, Minnesota, US
Headquarters St. Paul, MN 55144, US
CEO
Mr. Inge G. Thulin
Revenue US$ 30.274 billion
Operating income
US$ 6.946 billion
Net income
US$ 4.833 billion
Total assets US$ 32.718 billion
Total equity US$ 11.708 billion
Number of employees
89.446
Website www.3m.com
Source
3m.com/financials/annual-reports

About:

 

3M Company,

is a US-American technology company headquartered in St.Paul, Minnesota. As a classical Conglomerate 3M produces more than 55,000 products among 47 technology platforms, owns 25,000 patents and 1000 product brands. With a turnover of 30.3 billion USD and around 90,000 employees 3M is ranked 200 at Fortune 500. The current chief executive officer is Mr. Inge Thulin.

The company was founded in 1902 as a mining company and started producing of sandpaper products in 1905.
Some of the best-known brands include post-it, Schotch(glue), Scotch-Brite(detergents), Nexcare (healthcare products), Tegaderm, ACE (bandages).

Since 1990, 3M has engaged in number of Technology M&A deals: 33 Transactions with a value of USD 0.81 bil. (for number and value per year, see figure below).

M&A 3M

Top 10 Deals 3M

RankDateTargetNationValue (in bil. USD)
112.28.1999Dyneon LLCCanada0.31
211.14.2000MicroTouch Systems IncUnited States0.15
310.03.2000Robinson Nugent IncUnited States0.12
408.26.19963M Korea(Minnesota Mining)South Korea0.11
512.04.1997Racal Electronics PLC0HealthUnited Kingdom0.07
603.03.1999Polycom IncUnited States0.02
709.05.2001ViscoplastPoland0.01
802.19.1998Polycom IncUnited States0.01
906.30.1998PACE Health Management SystemsUnited States0.01
1011.01.1991HEARx LtdUnited States0.00