3M Completes Acquisition of Financiere Burgienne - aftermarketNews

3M Completes Acquisition of Financiere Burgienne

3M invented reflective sheeting for use on vehicles and road signs and is a long-time supplier of printed, reflective license plate films to FAAB and FABRICAUTO, which distributes finished license plates throughout France via more than 20,000 outlets.

ST. PAUL, Minn. — 3M has completed its acquisition of Financiere Burgienne, a provider of finished license plates under the FAAB and FABRICAUTO brands in France. Terms of the transaction were not disclosed.

The addition of FAAB and FABRICAUTO broadens 3M’s vehicle registration solutions offering beyond reflective sheeting to finished license plates in France. Together 3M, FAAB and FABRICAUTO will serve customers in France through joint participation in the upcoming new French government vehicle registration program. Under the new car registration program in France (Systeme d’Immatriculation des Vehicules or S.I.V.), planned to become effective Jan. 1, 2009, new and used vehicles will receive a new plate with a new identification number and regional logo. As an established provider of license plates distributed throughout France, FAAB and FABRICAUTO are in a unique position to serve the motorist needs created by the new S.I.V.

3M invented reflective sheeting for use on vehicles and road signs and is a long-time supplier of printed, reflective license plate films to FAAB and FABRICAUTO, which distributes finished license plates throughout France via more than 20,000 outlets.

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