Technology company purchases aftermarket manufacturer
K&H Surface Technologies, a repair products manufacturer, has been purchased by 3M, a diversified technology company.
Jan. 1, 2020
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K&H Surface Technologies, a repair products manufacturer, has been purchased by 3M, a diversified technology company.
Based in Austrailia, K&H is geared toward the professional and do-it-yourself aftermarket repair markets.
The acquisition will add body fillers, surface preparation and auto retail products, and mould release agents to 3M's full-line of aftermarket auto body repair products. It will also expand 3M's automotive aftermarket repair solutions in Australia.
Financial terms of the acquisition were not disclosed.