3M to Sell Faab Fabricauto

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3M Co. (MMM) Enters Agreement to Sell Faab Fabricauto

October 6, 2015 11:18 AM EDT

3M Co. (NYSE: MMM) announced that 3M France has received a binding offer from Hills Numberplates Limited to purchase 100 percent of the shares of Faab Fabricauto, a wholly-owned subsidiary of 3M and part of 3Ms Traffic Safety and Security Division. Faab Fabricauto is a leading French manufacturer of license plates and signage solutions, with facilities in Bourg-en-Bresse and Mâcon.

Faab Fabricauto has a 50-year history in the vehicle identification solutions industry, with a focus in license-plate manufacturing. The company also provides serigraphy and number-printing services for automotive, graphic communications, signage and... More