08.27.15
3M completed its acquisition of the assets and liabilities associated with Polypore’s Separations Media business from Polypore International Inc. for a purchase price of $1.0 billion.
Polypore’s Separations Media business has annual global sales of approximately $210 million. Polypore’s Separations Media business is a leading provider of membranes and modules for blood treatments, ultrafiltration and gas transfer in the life science, electronic, industrial and specialty segments. Adding Polypore’s Separations Media business builds on 3M’s fundamental strengths in technology, manufacturing, global capabilities and brand.
With this acquisition, 3M will be able to offer a broader array of products to customers, which will help meet customers’ emerging needs for high-value filtration solutions and accelerate the global growth of 3M’s membrane business. Polypore’s Separations Media business will become part of the 3M Membranes business unit within 3M’s Industrial Business Group.
Polypore’s Separations Media business has annual global sales of approximately $210 million. Polypore’s Separations Media business is a leading provider of membranes and modules for blood treatments, ultrafiltration and gas transfer in the life science, electronic, industrial and specialty segments. Adding Polypore’s Separations Media business builds on 3M’s fundamental strengths in technology, manufacturing, global capabilities and brand.
With this acquisition, 3M will be able to offer a broader array of products to customers, which will help meet customers’ emerging needs for high-value filtration solutions and accelerate the global growth of 3M’s membrane business. Polypore’s Separations Media business will become part of the 3M Membranes business unit within 3M’s Industrial Business Group.