# 3M sells 50% stake in Combi Packaging Systems to SIAT Group

3M sold its 50% equity stake in Combi Packaging Systems LLC to SIAT Group.

- Type: Acquisition
- Announced: 2023-10-27
- Status: completed
- Products: packaging systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/5111-news?page=142), 2023-10-27: "3M recently announced it has sold its 50% equity stake in Combi Packaging Systems LLC (Combi) to SIAT Group."

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