3M India to Cease Precision Grinding & Finishing Operations Following Business Sale
3M India Limited will discontinue its Precision Grinding & Finishing (PG&F) operations in India following the completion of a sale by its parent company, 3M Company, USA, to Nimbus, a Europe-based private equity firm. The transaction, initially announced in September 2025, is expected to close on April 1, 2026.The PG&F business in India generated approximately INR 26 crore in sales during the fiscal year 2024-25 and is supported by two employees, operating as a trading operation.
Following the closure of the global transaction, 3M India Limited will provide limited post-closing support for up to 12 months, with a possible extension of an additional 6 months, to ensure continuity of supply to customers during the transition period. All other PG&F related operations in India will cease upon the global closing.
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