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[October 2007]
3M Completes Acquisition of Brazilian Orthodontic Products Company
3M (St Paul, MN, USA) has announced that it has completed its acquisition of Abzil Industria e Comercio Ltda, a manufacturer of orthodontic products based in Sao Jose do Rio Preto, Sao Paulo, Brazil. Terms of the transaction were not disclosed.
Abzil is a successful player in the fast growing Brazilian orthodontic market. The company’s brackets, bands, tubes and wires are widely recognised as some of the highest quality orthodontic products available in the country, said 3M. Abzil’s strong brand and product portfolio complement 3M’s full line of orthodontic solutions and will expand 3M’s offering throughout Brazil and beyond.
For nearly 60 years, 3M Unitek has been a global leader providing the orthodontic profession with novel innovations such as Clarity Ceramic Braces, APC Adhesive Pre-Coated Brackets and, most recently, SmartClip Self-Ligating Braces and Clarity SL Ceramic Self-Ligating Braces. Today, 3M Unitek delivers more than 14,000 orthodontic products and solutions world-wide. Complementary acquisitions such as this support 3M’s core business and strategy to expand into fast growing product and geographic markets.
Abzil was founded in 1992 and is headquartered in Sao Jose do Rio Preto, Sao Paulo with approximately 300 employees. Abzil manufactures brackets, tubes, bands, wires and accessories locally. Today, the company is the second largest manufacturer in the orthodontic market in Brazil and is recognised for the quality of its products and market approach.
ENDS