3M Acquires Italian Manufacturer

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November 12, 2008

3M Acquires Italian Manufacturer

3M, St. Paul, MN, has agreed to buy Italian manufacturer Grafoplast S.p.A., which produces wire identification systems for the wire and cable market.

“Grafoplast’s range of electrical permanent marking products complements 3M’s existing range of tape marking system products and will help us to better serve the wire and cable markets,” said Paul D. Steece, vice president and general manager, 3M Electrical Markets Division.

The 3M Electrical Markets Division designs, manufactures and markets products for electrical construction, industrial maintenance, utility and industrial power businesses, and electrical/electronic devices produced by original equipment manufacturers. Products include electrical and electronic specialty insulating tapes; power cable splices and terminations (featuring cold- and heat-shrink technologies); connectors; electrical wire connectors, terminals and tools; wire marking products, underground/underwater electrical system products, and electrical diagnostic and detection products.

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