January 2, 2020 - Modern Distribution Management

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January 2, 2020

Armed with a pistol, a military man in a bulletproof vest covers himself with a shield. Mixed media

3M Completes Sale of Advanced Ballistic-Protection Business

3M (NYSE: MMM), St. Paul, Minnesota, has completed the sale of the company’s advanced-ballistic protection business to Avon Rubber p.l.c. for $91 million, before closing and other adjustments. A further contingent consideration of up to $25 million is payable depending on the outcome of pending tenders. Avon Rubber is a provider of advanced chemical, biological, radiological and […]

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Sandvik Acquires Melin Tool Company

Walter, a division within Swedish manufacturer Sandvik (STO: SAND), has reached an agreement to acquire the privately owned US based company Melin Tool Company, a manufacturer of solid carbide tools. Terms of the acquisition were not disclosed. The acquisition further strengthens Walter’s round tool offering, especially for the aerospace industry and the US channel partner market. “By this

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