2/27/2007

3M Poland to Acquire Interchemall Operations

3M Poland announced it has entered into a conditional agreement with Interchemall Sp. z o.o. to acquire its production operations related to household cleaning products. 3M purchased the sales and marketing operations, including the brands and intellectual property, from Interchemall Dom last year. The transaction is expected to close in April, subject to closing conditions, according to a 3M press release distributed through Business Wire.

The acquisition “builds on 3M’s activities in Poland to broaden its product portfolio for home care cleaning solutions in Eastern Europe,” Jose Del Solar, managing director, 3M Poland, said in the release.

The household cleaning products manufactured at the plant include bath sponges, kitchen scrubbers and sponges, and wipes and cloths.

Approximately 60 people at its production operations based in Grodzisk Mazowiecki near Warszawa, Poland, are affected by this transaction.

About 3M

St. Paul, MN-based 3M is a leader in the cleaning, office supply, and other professional- and consumer-product industries. For more information, visit www.3m.com.

Source:issa.com



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