Sina Finance News on the afternoon of December 6th, according to foreign news, in order to provide a wider range of industrial grinding and fisheries technology, 3M Co. (3M Co.) said it will acquire Swiss precision grinding technology supplier Winterthur Technologies AG for US$448 million. .


Under the agreement, 3M will acquire Winterthur Technologies AG at a price of 62.00 Swiss francs ($63.56) per share. The acquisition was conducted by public tender, with the additional condition that 66.67% of the shareholders of Winterthur accepted the offer. The acquisition is expected to be completed in the first quarter of 2011.


3M said the company's chairman agreed to sell 14% of its shares in Winterthur to 3M.

Flat Shower Rail

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