2008-07-02 23:47:06 -
www.3M.com - 3M announced today that it has completed its acquisition of IMTEC Corp., a manufacturer of dental implants and cone beam computed tomography (CBCT) scanning equipment for dental and medical radiology headquartered in Ardmore, Okla. Terms of the transaction were not disclosed.
IMTEC becomes a wholly-owned subsidiary of 3M and will be known as IMTEC, a 3M Company.
This acquisition gives 3M ESPE access to two of the fastest growing segments in the dental industry and enables a digital 'total restorative' approach with more options than ever, including IMTEC implants, 3M(TM) ESPE(TM) Lava(TM) crowns, and 3M's advanced digital workflow solutions.
One of the world's largest suppliers to the dental industry, 3M manufactures and markets a wide range of products and services used by dental professionals worldwide to improve oral health. These products are designed to meet restorative, crown and bridge, orthodontic, preventive, infection control, and cosmetic dentistry needs. 3M's current digital dentistry offering includes the Lava crown and bridge system - an innovative restorative design and milling system that has become a benchmark of quality among dentists and dental labs.
About IMTEC, a 3M Company
IMTEC's primary focus is on dental applications and the development of new technology to simplify dentistry. IMTEC's ILUMA system is a leader in Cone Beam Computed Tomography for dentistry and medicine. With this technology and IMTEC's groundbreaking applications, its customers can access the power of three-dimensional radiography in the convenience of their own offices.
About 3M
A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M's core strength is applying its more than 40 distinct technology platforms - often in combination - to a wide array of customer needs. With $24 billion in sales, 3M employs 75,000 people worldwide and has operations in more than 60 countries. For more information, visit www.3M.com.
3M
Donna Fleming Runyon, 651-736-7646
or
Investor Contacts:
Matt Ginter, 651-733-8206
or
Bruce Jermeland, 651-733-1807
