10 Oct 2016
Dear Valued Customer:
IMPORTANT INFORMATION. PLEASE PASS ALONG TO APPROPRIATE MANAGEMENT WITHIN YOUR ORGANIZATION
3M has entered into an agreement to sell to Pregis LLC the assets of 3M’s temporary protective films business, which is part of 3M’s Industrial Adhesives and Tapes Division (IATD). This includes 3M’s adhesive-backed temporary protective films, previously known as “Polymask Protective Tapes.” 3M™ ScotchgardTM Multi-layer Protective Film is excluded from the sale.
The transaction, which is subject to customary closing conditions, is expected to close in 2016. With respect to the sale of certain, very limited assets, relevant works councils will be consulted.
We are pleased that Pregis has indicated its intent to continue to develop and market these high-quality products as an ongoing business. For now, there is no change to how you can order and purchase these products. After the transaction is completed, 3M is committed to working with Pregis to help facilitate a smooth transition for customers.
This announcement does not impact other 3M product lines that you may purchase directly from 3M or through authorized channel partners of 3M.
You will receive additional information after the transaction is complete. Please contact your local 3M representative or 3M customer service at 1-800-241-2031 | polymaskcustomerservice@mmm.com if you have any questions.
Sincerely,
Veena Lakkundi, Global Business Director 3M Specialty Solutions Business