8legs: Madison fire & rescue

#1 out of 1

3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

3M and Bain Capital to acquire Madison Fire & Rescue for $1.95B and form a new joint venture co-owning the combined businesses.
The new venture will integrate Scott Safety with Madison Fire & Rescue to expand safety offerings for firefighters and industrial workers.
3M says the deal broadens its safety portfolio and positions it for growth through scale and synergies.
The closing is expected in the second half of 2026, subject to customary closing conditions.
Madison Fire & Rescue offers a premier portfolio in rescue technology and fire suppression under brands like Holmatro and Waterax.
3M highlights its brands and technology strengths as part of the strategic rationale for the deal.
The deal involves Bain Capital taking a near-equal stake in the new joint venture alongside 3M and Madison Fire & Rescue.
The press release cautions that forward-looking statements involve risks and uncertainties, including closing timing and integration challenges.
3M emphasizes its ongoing investment in innovations and the use of its News Center and social channels for updates.

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