Selic to acquire Neoplast and Neobun brands and related assets of 3M.

Selic, an adhesive manufacturer, agreed to acquire sports and medical tapes, bandages and medicated products brands Neoplast and Neobun and related assets of 3M, an adhesive manufacturer. FInancial terms were not disclosed. "3M continues to relentlessly prioritize investments that leverage 3M's technologies in advanced wound care solutions under the Nexcare brand in skin health and wellness for the consumer. We will continue to invest in health and safety for our Asia customers and those around the world," Megan Selby, 3M President.