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3M acquires DIY, professional business of GPI Group

October 03, 2011
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ST. PAUL, Minn. -- 3M announced today that it has completed its acquisition of the do-it-yourself and professional business of GPI Group, according to a press release.

Headquartered in France, GPI offers a wide array of products and solutions sold under such brands as GPI, Plasto and Dinac, which address multiple do-it-yourself (DIY) needs of consumers in France and other European markets.

This acquisition builds on 3M''s existing product platforms and accelerates its expansion and participation in home improvement channels globally, the release stated.
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