3M completes acquisition of Capital Safety for US$2.5bn
Expanding its personal protective equipment product portfolio
3M has completed its US$2.5bn acquisition of Capital Safety from KKR, boosting its personal protective equipment product portfolio.
Capital Safety is a global provider of fall protection equipment, one of the fastest-growing safety categories within the global personal protective equipment industry.
3M’s Personal Safety business provides respiratory and hearing protection solutions that help improve the safety and security of workers. The business also supplies products and solutions in other safety categories such as reflective materials for high-visibility apparel, protective clothing and eyewear, among others.
Capital Safety’s products include harnesses, lanyards, self-retracting lifelines and engineered systems. The business has annual global sales of approximately $430m.
