News
3M Acquires Johnson Controls’ Safety Division
March 16, 20173M has purchased Johnson Controls, Inc.’s Scott Safety for US$2 billion.
The acquisition of Scott Safety expands 3M’s offerings of personal safety products. The deal is expected to be finalized by the middle of 2017, pending customary closing conditions and regulatory approvals.
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About 3M
With global sales of US$32 billion, 3M produces 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.
About Johnson Controls
Johnson Controls, Inc. is a diversified technology and industrial company with products and services including HVAC systems; car batteries, electronics, and interiors; industrial refrigeration; and alarm systems. For more information, visit www.johnsoncontrols.com.