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3M Completes Acquisition of Tape Business from Alpha Beta Enterprise Co. Ltd

Thursday 03. February 2011 - 3M announced today that it has completed its acquisition of the tape-related assets of Alpha Beta Enterprise Co. Ltd., a leading manufacturer of box sealing tape and masking tape headquartered in Taipei, Taiwan.

This acquisition further demonstrates 3M’s commitment as a leader in pressure sensitive tapes, enabling the company to increase its ability to provide products for customers that desire performance and value. It also allows 3M to increase its manufacturing footprint in the Asia Pacific region and expand the product line for high-volume masking and packaging tapes. The Alpha Beta Tape Business is now a part of 3M’s Industrial Adhesives and Tapes Division GTA Business Unit.

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