3M 2010 Annual Report Download - page 65

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59
(2) In April 2008, 3M purchased all of the outstanding shares of Aearo Holding Corp., the parent company of Aearo
Technologies Inc. (hereafter referred to as Aearo), a manufacturer of personal protection and energy absorbing
products. Aearo products are primarily included in the Safety, Security and Protection Services Business, but thermal
acoustics systems products are included in the Industrial and Transportation Business and products for the
consumer retail portion of Aearo’s business are included in the Consumer and Office Business. Cash paid, net of
cash acquired, for Aearo totaled approximately $523 million and debt assumed from Aearo totaled approximately
$684 million, which was immediately paid off.
(3) In April 2008, 3M (Health Care Business) purchased all of the outstanding shares of Les Entreprises Solumed
Inc., a Quebec-based developer and marketer of leading-edge medical products designed to prevent infections in
operating rooms and hospitals.
(4) In April 2008, 3M (Consumer and Office Business) purchased all of the outstanding shares of Kolors Kevarkian,
S.A., a manufacturer of branded floor cleaning tools based in Argentina.
(5) In July 2008, 3M (Industrial and Transportation Business) purchased all of the outstanding shares of K&H Surface
Technologies Pty. Ltd., an Australian-based manufacturing company specializing in a range of repair products for the
professional do-it-yourself automotive refinish markets.
(6) In July 2008, 3M (Safety, Security and Protection Services Business) purchased all of the outstanding shares of
Quest Technologies Inc., a manufacturer of environmental monitoring equipment, including noise, heat stress and
vibration monitors that is headquartered in Oconomowoc, Wisconsin.
(7) In July 2008, 3M (Health Care Business) purchased all of the outstanding shares of IMTEC Corp., a manufacturer
of dental implants and cone beam computed tomography scanning equipment for dental and medical radiology
headquartered in Ardmore, Oklahoma.
(8) In August 2008, 3M (Health Care Business) purchased all of the outstanding shares of TOP-Service für
Lingualtechnik GMbH, an orthodontic technology and services company based in Bad Essen, Germany offering a
digital lingual orthodontic solution.
(9) In August 2008, 3M (Industrial and Transportation Business) purchased all of the outstanding shares of Polyfoam
Products Inc., a structural adhesives company specializing in foam adhesives for tile roofing and other adhesive
products for the building industry that is headquartered in Tomball, Texas.
(10) In August 2008, 3M (Industrial and Transportation Business) purchased all of the outstanding shares of
Dedication to Detail, Inc., a Philadelphia-based manufacturer of paint finishing systems, including buffing and
polishing pads.
(11) In September 2008, 3M (Industrial and Transportation Business) purchased all of the outstanding shares of
Ligacon AG, a Switzerland-based manufacturer and supplier of filtration systems and filter elements for the
pharmaceutical, biotech and general industrial markets.
(12) In October 2008, 3M (Industrial and Transportation Business) purchased all of the outstanding shares of EMFI
S.A. and SAPO S.A.S., manufacturers of polyurethane-based structural adhesives and sealants, which are
headquartered in Haguenau, France.
(13) In October 2008, 3M (Industrial and Transportation Business) purchased all of the outstanding shares of
Meguiar’s, Inc., a 100-year-old business that manufactures the leading Meguiar’s brand of car care products for
cleaning and protecting automotive surfaces, which is headquartered in Irvine, California.
(14) In November 2008, 3M (Health Care Business) purchased certain assets of Food Diagnostics AS, a provider of
food diagnostics products and services for the food safety industry, which is headquartered in Oslo, Norway.
(15) In November 2008, 3M (Electro and Communications Business) purchased all of the outstanding shares of
Grafoplast S.p.A, a manufacturer of wire identification systems for the wire and cable market, which is headquartered
in Predosa, Italy.
(16) In December 2008, 3M (Display and Graphics Business) purchased all of the outstanding shares of Financiere
Burgienne, a provider of finished license plates under the FAAB and FABRICAUTO brands in France.