3M evaluating selling billions of assets in industrials business - report

[Prague, Czech republic - May 22, 2017: 3M company logo on headquarters building]
josefkubes/iStock Editorial via Getty Images

3M (NYSE:MMM [https://seekingalpha.com/symbol/MMM]) is considering selling billions of dollars of assets in its industrials unit as it tries to cut lower-growth businesses.

3M (NYSE:MMM [https://seekingalpha.com/symbol/MMM]) has been working with Goldman Sachs to review potential assets to sell, according to a Bloomberg report [https://www.bloomberg.com/news/articles/2025-10-03/3m-weighs-multibillion-dollar-carve-out-in-industrials-arm] on Friday, which cited people familiar with the matter.

The conglomerate's safety and industrials unit, which had $11 billion in revenue last year, houses businesses including aftermarket auto products, personal safety equipment, and industrial adhesives and tapes.

A final decision hasn't been made yet, and the company may decide to leave its current structure in place, according to the report.

3M declinded to comment to Bloomberg.

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