# SIAT acquires 50% stake in Combi Packaging Systems from 3M

H.I.G. Capital portfolio company SIAT Group bought a 50% stake in US-based Combi Packaging Systems from 3M, with terms undisclosed.

- Type: Acquisition
- Announced: 2023-12-15
- Where: United States
- Status: completed
- Products: case erectors, case sealers, case packers, robotic packaging systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [3M](https://endata.com/companies/3594.md) (partner)
- [SIAT Group](https://endata.com/companies/14919.md) (acquirer)
- [Combi Packaging Systems](https://endata.com/companies/14920.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/siat-stake-combi-packaging-systems/), 2023-12-15: "H.I.G. Capital portfolio company SIAT Group has bought a 50% stake in US-based Combi Packaging Systems from 3M."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.