Local company news roundup

January 3, 2015 at 2:49AM

MERGERS AND ACQUISITIONS

3M Co., Maplewood, completed the sale of its global static control business to Desco Industries Inc. Terms were not disclosed. 3M's static control business, which has annual global sales of about $45 million, is a provider of products and solutions that help prevent, detect, and protect against electrostatic discharge. 3M made the decision to exit the static control business as a result of a strategic review.

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