3M, Festool Announce Strategic Collaboration
Feb. 29, 2016—On Monday, 3M and TTS Tooltechnic Systems Ag & Co. KG announced a strategic collaboration to provide customers in the global automotive collision repair industry a new and comprehensive surface preparation and finishing system.
As part of the collaboration, 3M’s Automotive Aftermarket Division (AAD) will become the exclusive supplier of 3M and Festool Automotive Systems products in the automotive aftermarket. The new system is expected to launch in the U.S. and Canada later in 2016, with additional countries to be announced at a later date.
“Our collaboration with Festool Automotive Systems combines 3M’s leadership in abrasives technologies and Festool´s premium power tools, dust extraction technologies and service to deliver customers an unparalleled solution for complete dust extraction needs,” said Laurie Altman, vice president and general manager of 3M’s AAD. “With this agreement, customers in the automotive aftermarket will now have access to one of the most comprehensive portfolios of offerings in the industry from one provider.”
“We are proud to enter into this collaboration with 3M to offer a premium surface treatment system for body shops,” said Christian Oltzscher, chief sales officer, TTS Tooltechnic Systems AG & Co. KG. “With the combined world-class portfolios of tools and abrasives, and the expertise and extensive distribution capabilities of 3M sales and service professionals, we will be able to serve customers in the automotive aftermarket even better. Our goal is to make body shops more profitable.”
3M’s abrasives, including the new 3M Cubitron II Abrasives, will now be offered in conjunction with Festool Automotive Systems surface prep tools, dust extraction capabilities and services.