3M announced today it has acquired Hybrivet Systems Inc., a leading provider of instant-read products to detect lead and other contaminants and toxins. Terms of the transaction were not disclosed.
Hybrivet Systems' flagship product is LeadCheck® Swabs, which is widely recognized as the fastest, easiest, most cost-effective lead detection product on the market. The LeadCheck brand has been at the forefront of lead detection and awareness since 1991.
The addition of Hybrivet Systems provides 3M immediate access to the potentially large market for testing paints for lead in older houses and commercial buildings to meet new Environmental Protection Agency (EPA) lead-safe work practices regulations. LeadCheck® was the first EPA recognized instant test kit under the Renovation, Repair and Painting rule that went into effect April 20, 2010.
"The LeadCheck products complement and build on our paint preparation, tape and safety businesses and broaden our product offerings in the paint aisle," said Jack Truong, vice president and general manager, 3M Construction and Home Improvement Markets Division.
Hybrivet Systems is based in Natick, Mass. and employs 11 people.
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