3M Acquires LeanTec Technology Assets
April 25, 2022
3M acquired the technology assets of LeanTec, a provider of digital inventory management solutions for the automotive aftermarket, to enhance its RepairStack Performance Solutions and advance its "connected bodyshop" capabilities. The deal adds inventory management, automated replenishment and performance analytics to 3M's digital offerings for auto body shops in the United States and Canada.
- Buyers
- 3M
- Targets
- LeanTec
- Sellers
- LeanTec
- Industry
- Automotive
- Location
- Tennessee, United States
- Transaction Type
- Divestiture
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