ST. PAUL, MN — 3M has entered into a definitive agreement to acquire Bondo Corp., a manufacturer of auto body repair products for the automotive aftermarket and other professional and consumer applications. Bondo employs approximately 160 people at its operations in Atlanta, GA. The transaction is expected to close in the fourth quarter, subject to customary closing conditions.
According to 3M, Bondo’s established brand complements 3M’s line of auto body repair products for the automotive aftermarket. Bondo brand products, used by both auto body repair professionals and enthusiasts, include body filler, fiberglass repair materials, under coatings and adhesives. Bondo products are sold to the auto body professional market through auto body paint specialty stores in addition to mass merchandisers and auto parts retailers.
“The addition of Bondo enhances our professional and retail auto body product lines,” said Ian Hardgrove, vice president and general manager, 3M Automotive Aftermarket Division. “Together, 3M and Bondo will deliver a more complete product offering to auto body repair professionals, as well as auto enthusiasts and consumers around the world.”
Products available from 3M’s Automotive Aftermarket Division include abrasives and accessories, masking tapes, panel bonding adhesives, general adhesives coatings and sealers, paint finishing polishes and compounds and paint application systems.
“3M’s global infrastructure, technology and product development expertise will further build and expand our well-known brands,” said Pat Formica, president, Bondo.
