3M Completes Ceradyne Acquisition
3M recently announced that it has completed its acquisition of Ceradyne Inc., effective November 28. Ceradyne is now a wholly owned subsidiary of 3M. The combination of Ceradyne and 3M will reportedly enable new technologies and innovation for uniquely tailored materials requiring advanced ceramics.
Ceradyne will join the 3M Advanced Materials Division within 3M’s Industrial Business Group. The 3M Advanced Materials Division provides valued materials for lightweight solutions and materials for performance in harsh environments to customers in an array of growth industries.