3M to Acquire Aerion Technologies Inc.

Acquisition of Gas Detection Systems Expands 3M Safety Product Line


3M has entered into a definitive agreement to acquire Aerion Technologies Inc., a provider of environmental monitoring products including gas detection systems. Terms of the transaction were not disclosed.

This acquisition broadens 3M's spectrum of safety products - for detection and protection to compliance - and expands its presence in gas detection and the safety market. Aerion brings to 3M a line of portable and fixed gas detection equipment for commercial and industrial applications; heat stress monitors; and a thermal imaging camera line.

Aerion employs approximately 53 people between its operations in Denver and Vancouver, B.C. The acquisition is expected to close this month subject to customary closing conditions.

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