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[5] 3M itself sold its food safety business to Neogen in September 2022. [2] On January 24, 2023, the health care business was registered as a corporation in Delaware under the provisional name "3M Health Care Co.". [7] On November 16, 2023, 3M unveiled that the new company would be called Solventum, a portmanteau of the words "solving" and ...
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3M made $35.4 billion in total sales in 2021 and ranked number 102 in the Fortune 500 list of the largest United States corporations by total revenue. [10] As of 2021, the company had approximately 95,000 employees and operations in more than 70 countries. [11] There are a few international subsidiaries, such as 3M India, 3M Japan, and 3M Canada.
Minnesota's newest public company will make its debut April 1, nearly two years after 3M first announced it would spin off its health care business. Solventum, the spinoff's name, will employ more ...
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3M disclosed plans to spin off its healthcare business into a listed company last year, in which the U.S. industrial giant would retain a 19.9% stake. The plan came amid litigations from military ...
Nexcare is 3M's personal health care brand. The brand competes with Johnson & Johnson's Band-Aid brand in the adhesive bandage and first aid market. [1] [2] The brand also sells similar products such as bandages, gauze, surgical tape, cold sore treatment and liquid bandage products.
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