IHS Chemical Week

People & Business :: Earnings/Finance

3M acquiring technical ceramics maker for $860 million

1:26 PM MDT | October 1, 2012 | Vincent Valk

3M is acquiring Ceradyne, a maker of technical ceramics for automotive, oil and gas, solar, industrial, and electronics applications, for $860 million. The deal values Ceradyne at $35/share, a premium of about $10/share on Ceradyne’s closing price on 28 September. The company’s annual revenue totals about $500 million. The acquisition is expected to close during the fourth quarter.   Ceradyne will join 3M’s energy and advanced materials division, a part of the company’s industrial and transportation business. “Ceradyne is a...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa