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3M To Acquire Small Aerospace Sealant Company

Defense Daily Staff Defense Daily Staff
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3M [MMM] on Wednesday evening said it has agreed to acquire Advanced Chemistry & Technology, Inc. (AC TECH), a manufacturer of sealants for aerospace applications, boosting its presence in the market for commercial and military aircraft. Terms of the deal were not disclosed. “The addition of AC TECH expands 3M’s product presence in the aerospace market for the manufacture and maintenance of commercial and military aircraft,” Denise Rutherford, general manager for 3M’s Aerospace and Aircraft Maintenance Department, said in a…

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