3M to Acquire Abzil Industria e Comercio Ltda.Acquisition Expands 3M's Orthodontic orthodontic (ôr´th  dän´tik),adj Products Offering in Brazil ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- 3M announced today it has entered into a definitive agreement to acquire Abzil Industria e Comercio Ltda., a manufacturer of orthodontic products based in Sao Jose do Rio Preto São Jo·sé do Ri·o Prêt·o A city of southeast Brazil, an industrial suburb of São Paulo. Population: 370,000. , 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 recognized as some of the highest quality orthodontic products available in the country. "Abzil's strong brand and product portfolio complement our full line of orthodontic solutions and will allow us to better serve customers in Brazil and beyond," said Paul Keel keel 1. the ventrally directed large surface of the bird's sternum, the site of attachment of the major muscles of flight. Called also carina. 2. the prominent area over the sternum in Dachshunds. , president, 3M Unitek. "We see strong technical and sales synergies as well as manufacturing opportunities with Abzil," added Luigi Faltoni, managing director, 3M Brazil. "Abzil and 3M together are a natural fit," said Tufy Lemos Filho, owner and president, Abzil. "We will draw on the strength of 3M's global resources and expertise to provide a broader product offering for orthodontic professionals." For nearly 60 years, Unitek has been a global leader providing the orthodontic profession with novel innovations such as Clarity Ceramic Braces See curly brace. , APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. Adhesive adhesive, substance capable of sticking to surfaces of other substances and bonding them to one another. The term adhesive cement is sometimes used in place of adhesive, especially when referring to a synthetic 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 worldwide. Complementary acquisitions such as this support 3M's core business and strategy to expand into fast-growing product and geographic markets. Abzil employs approximately 300 people at its operations in Sao Jose do Rio Preto, Sao Paulo, Brazil. The transaction is expected to close in the fourth quarter, subject to customary closing conditions. About Abzil Industria e Comercio Ltda. Abzil Industria e Comercio Ltda. was founded in 1992 by Mr. Tufy Lemos Filho. Owned by Mr. Tufy Lemos Filho and his wife, the company 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 recognized for the quality of its products and market approach. About 3M - A Global, Diversified Technology Company Every day, 3M people find new ways to make amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. things happen. Wherever they are, whatever they do, the company's customers know they can rely on 3M to help make their lives better. 3M's brands include Scotch scotch 1 tr.v. scotched, scotch·ing, scotch·es 1. To put an abrupt end to: The prime minister scotched the rumors of her illness with a public appearance. 2. , Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers around the world, the people of 3M use their expertise, technologies and global strength to lead in major markets including consumer and office; display and graphics; electronics and telecommunications; safety, security and protection services; health care; industrial and transportation. Clarity, APC, SmartClip, Clarity SL, Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti are trademarks of 3M. |
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