08-Aug-2006 - 3M

3M to Acquire Aerion Technologies Inc.

Acquisition of Gas Detection Systems Expands 3M Safety Product Line

3M has entered into a definitive agreement to acquire Aerion Technologies Inc., a provider of environmental monitoring products including gas detection systems. Terms of the transaction were not disclosed.

This acquisition broadens 3M's spectrum of safety products - for detection and protection to compliance - and expands its presence in gas detection and the safety market. Aerion brings to 3M a line of portable and fixed gas detection equipment for commercial and industrial applications; heat stress monitors; and a thermal imaging camera line.

Aerion employs approximately 53 people between its operations in Denver and Vancouver, B.C. The acquisition is expected to close this month subject to customary closing conditions.

Facts, background information, dossiers
  • safety products
  • Aerion Technologies
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