3M will acquire Scott Safety from Johnson Controls for $2 billion U.S. in mid-2017.
Scott Safety, which currently employs about 1,500 people worldwide, manufactures innovative products that protect workers from environmental hazards. They include self-contained breathing apparatus (SCBA) systems, gas and flame detection instruments and other safety devices.
“Personal safety is a core growth business within the 3M portfolio,” said Inge G. Thulin, 3M chairman, president and chief executive officer. “This acquisition leverages our fundamental strengths in technology, manufacturing, global capabilities and brand, and builds upon recent portfolio actions within our Safety and Graphics business to position it for long-term success.”
3M’s Personal Safety Division provides respiratory, hearing, and fall protection solutions that help improve the safety and health of workers. The business also supplies products and solutions in other safety categories such as reflective materials for high-visibility apparel, protective clothing and head, eye, and face protection.
“Combining 3M’s products, brands and global capabilities in personal protective equipment with Scott Safety’s well-regarded safety products will provide a broader array of safety products and solutions, enhancing our relevance to customers worldwide,” added Frank Little, executive vice president, 3M Safety and Graphics Business Group.