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3M completes acquisition of Futuro Product Line

17
Dec '08

3M announced that it has completed its acquisition of the Futuro health supports and compression hosiery product line from Beiersdorf. Terms of the transaction were not disclosed.

Health supports are widely used by active consumers, including those who participate in fitness, outdoor and sports activities. The Futuro product line brings its established, branded consumer platform to 3M's existing consumer businesses and will expand the offering in the U.S., Australia, Europe and Asia.

Futuro's complete line of therapeutic and sport supports – wraps, braces, and elastic bandages – provide compression support and heat retention as well as stability to relieve symptoms associated with minor sprains, strains, arthritis and muscle pain. Futuro's compression hosiery products include therapeutic and anti-embolism stockings. Futuro health supports and Futuro compression hosiery products are sold through consumer channels, including drug stores, mass merchandisers and grocers in North America, and pharmacies internationally.

3M delivers high-performance products under its Nexcare brand to help people heal comfortably – from braces for the knee, wrist, ankle and back, to products for after surgery care, skin care and athletic wraps under its broad line of Nexcare branded bandage and first aid products.

Futuro's longstanding reputation for leadership and innovation can be traced back to the early 1900s with the development of its first brace. In 1996 Futuro was acquired by Beiersdorf, which introduced the Futuro products internationally. With production facilities still in Cincinnati, today Futuro offers a complete product line of supports and compression hosiery products in 36 countries around the world.

Nexcare is a trademark of 3M.

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