3M wraps up ACE bandages
This article was originally published in The Tan Sheet
Executive Summary
The technology and product innovator acquires the line of elastic bandages and supports from Becton, Dickinson and Co., which began manufacturing ACE bandages in 1914. St. Paul, Minn.-based 3M also receives BD's thermometer line in the deal, the terms of which were not disclosed. In a July 23 release, Gabi Sabongi, VP of research and development and new business ventures for 3M Consumer and Office Business, called ACE "an iconic brand with admirable consumer loyalty" that will be a "great extension of our consumer products portfolio.