3M Completes $2 Billion Acquisition of Scott Safety
October 4, 2017
Cleary Gottlieb represented 3M in connection with its acquisition of Scott Safety from Johnson Controls for a total enterprise value of $2 billion.
The transaction, which signed on March 16, 2017, was completed on October 4, 2017.
Scott Safety is a premier manufacturer of innovative products, including self-contained breathing apparatus (SCBA) systems, gas and flame detection instruments, and other safety devices that complement 3M’s personal safety portfolio.