3M acquires LeadCheck Manufacturer

3M Company is expanding into the paint testing market with the acquisition of Hybrivet Systems Inc., the first provider of EPA approved lead detection products.

Minnesota based 3M’s (NYSE: MMM) acquisition of the company provides it immediate access to the rapidly growing lead paint testing market in the wake of new Environmental Protection Agency (EPA) Renovation, Repair & Painting (RRP) rules and standards.

Hybrivet’s LeadCheck brand, on the market since 1991, was the first instant test kit to be approved by the EPA under the RRP rule for lead-safe renovations that went into effect in April, 2010.

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