3M to distribute Sewerin water leak detection products in US for undisclosed amount
By APFriday, April 23, 2010
3M to distribute Sewerin water leak products
ST PAUL, Minn. — Manufacturing conglomerate 3M Co. said Friday it will be the exclusive U.S. distributor of Sewerin GmbH’s water leak detection products.
The companies did not disclose financial terms of the deal.
3M said Germany-based Sewerin’s product line complements its own locating and marking products for utilities. 3M said it will also sell cobranded products.
Shares of 3M gained 40 cents to $86.45 in afternoon trading.
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