Over the years, 3M has grown tremendously. Since 1982 3M has made 107 acquisitions, some of which allowed them to expand in their current markets while others opened doors for new markets. Either way 3M has become very successful in their targeted industries. This year alone, 3M has successfully acquired five companies; however, in 2007 this number was 17 which is the most the company has acquired in one year. Other busy years were 2006 with 13 and 2008 with 14. The acquired companies fall into ranges of personal goods, industrial, and even medical - what will be next...
http://www.alacrastore.com/mergers-acquisitions/3M_Company-1011244
It looks like 3M is following the trend of most other companies in the U.S. and engaging in mergers and acquisitions...but they seem to be a very profitable and growing company!
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