|Traded as||NYSE: MMM|
|Founded||1902, Minnesota, US|
|Headquarters||St. Paul, MN 55144, US|
|Mr. Inge G. Thulin|
|Revenue||US$ 30.274 billion|
|US$ 6.946 billion|
|US$ 4.833 billion|
|Total assets||US$ 32.718 billion|
|Total equity||US$ 11.708 billion|
Number of employees
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).
Top 10 Deals 3M
|Rank||Date||Target||Nation||Value (in bil. USD)|
|2||11.14.2000||MicroTouch Systems Inc||United States||0.15|
|3||10.03.2000||Robinson Nugent Inc||United States||0.12|
|4||08.26.1996||3M Korea(Minnesota Mining)||South Korea||0.11|
|5||12.04.1997||Racal Electronics PLC0Health||United Kingdom||0.07|
|6||03.03.1999||Polycom Inc||United States||0.02|
|8||02.19.1998||Polycom Inc||United States||0.01|
|9||06.30.1998||PACE Health Management Systems||United States||0.01|
|10||11.01.1991||HEARx Ltd||United States||0.00|