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November 6, 2007

3M Agrees to Buy Bondo Corp.

3M, St. Paul, MN, has agreed to acquire Bondo Corp., a manufacturer of auto body repair products for the automotive aftermarket and various other professional and consumer applications.
 
Bondo brand products include body filler, fiberglass repair materials, under coatings, and adhesives. Bondo products are sold to the auto body professional market through auto body paint specialty stores in addition to mass merchandisers and auto parts retailers.
 
“The addition of Bondo enhances our professional and retail auto body product lines,” said Ian Hardgrove, vice president and general manager, 3M Automotive Aftermarket Division.
 
3M’s Automotive Aftermarket Division products include abrasives and accessories, masking tapes, panel bonding adhesives, general adhesives coatings and sealers, paint finishing polishes and compounds, and paint application systems.
 
Bondo employs 160 people at its operations in Atlanta, GA.

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