3M acquires ACE bandages

7/28/2009

ST. PAUL, Minn. 3M announced that it recently acquired the ACE branded elastic bandage and supports product lines and thermometer product line (and related brands) from Becton, Dickinson and Co.

Terms of the transaction were not disclosed.

“ACE is a great extension of our consumer products portfolio," stated Gabi Sabongi, VP, R&D and new business ventures of 3M Consumer and Office Business. "ACE brings to our company an iconic brand with admirable consumer loyalty. ACE and its related brands also broaden our channels for consumer products, including the sporting goods channel.”

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