3M Company acquired Polypore International, Inc. (Separations Media business) for $1.0 billion (purchase price), a transaction completed in August 2015, structured as Cash acquisition of the assets and liabilities associated with Polypore's Separations Media business.
Polypore International, Inc. (Separations Media business) operates in Industrial (Separation and Purification Sciences), is based in Global, had revenue of about Approximately $210 million in annual global sales. 3M acquired the assets and liabilities associated with Polypore International, Inc.'s Separations Media business for a purchase price of $1.0 billion. The business is a leading provider of microporous membranes and modules for blood treatments, ultrafiltration and gas transfer across life science, electronic, industrial, and specialty segments.
Build on 3M's strengths in technology, manufacturing, global capabilities and brand to offer a broader array of high-value filtration products and accelerate the global growth of 3M's membrane business.
Leading provider of membranes and modules that complement 3M's existing leadership in residential water, commercial foodservice, industrial and life science filtration. 3M Membranes business unit (Industrial Business) Completed August 26, 2015; became part of the 3M Membranes business unit within 3M's Industrial Business.
Advisory firms were not disclosed for this transaction.