3M to Acquire Venture Tape Corp.
Acquisition Broadens 3M's Pressure Sensitive Adhesive Tape Platform
3M announced it has entered into a definitive agreement to acquire Venture Tape Corp., a global provider of pressure sensitive adhesive tapes based in Rockland, Mass. Terms of the transaction were not disclosed.
Venture Tape manufactures a broad range of tapes used in construction, oil and gas, heating, ventilation and air conditioning (HVAC), electronics, aerospace, marine and appliance markets. It also provides specialty industrial tapes complementary to 3M's specialty tape product line used in splicing, automotive and automotive aftermarket applications.
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