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Published on 4/1/2008 in the Prospect News Special Situations Daily.

3M expands product line with acquisition of Aearo Technologies

By Lisa Kerner

Charlotte, N.C., April 1 - 3M Co. completed its acquisition of Aearo Technologies Inc., adding hearing, eyewear and fall protection product lines to 3M's existing line of respiratory products.

Aearo was owned by funds advised by Permira, a private equity firm, and Aearo management, according to a 3M news release.

In November, 3M said it would acquire Aearo, an Indianapolis personal protection equipment company, for $1.2 billion.

3M is a diversified technology company located in St. Paul.


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