3M acquires Hybrivet Systems
3M has acquired Hybrivet Systems Inc., a provider of instant-read products to detect lead and other contaminants and toxins.
Terms of the transaction were not disclosed.
Hybrivet Systems' flagship product is LeadCheck Swabs, a lead detection product.
The addition of Hybrivet Systems provides 3M immediate access to the potentially large market for testing paints for lead in older houses and commercial buildings to meet new Environmental Protection Agency (EPA) lead-safe work practices regulations. LeadCheck was the first EPA recognized instant test kit under the Renovation, Repair and Painting rule that went into effect April 20, 2010.
"The LeadCheck products complement and build on our paint preparation, tape and safety businesses and broaden our product offerings in the paint aisle," said Jack Truong, vice president and general manager, 3M Construction and Home Improvement Markets Division.
Hybrivet Systems is based in Natick, Mass. and employs 11 people.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
