PAR to provide end-to-end ordering solutions for the restaurant industry
3M has sold the assets associated with its Drive-Thru Communication Systems business, formerly a part of 3M Commercial Solutions Division, to ParTech, Inc. (“PAR”), which is a leading global provider of software, hardware systems, and service solutions to the restaurant and retail industries.
PAR has been a leader in the POS space for over 40 years. “We are incredibly excited to invest in the business and make it a core focus for its future. We are committed to the product line and believe additional investment will benefit customers and distributors greatly,” said Savneet Singh, PAR CEO.
3M remains focused on servicing QSRs and others in the food service industry with its portfolio of cleaning products, anchored in 3M technology such as the Scotch-Brite™ Kitchen Cleaner & Degreaser Wipes, Scotch-Brite™ Hex Series Scour Pads, 3M™ Water Filtration Systems and the Scotch-Brite™ Quick Clean Griddle Cleaning System.
3M is committed to working with PAR and customers to help facilitate a smooth transition and minimize disruption.
At 3M, we apply science in collaborative ways to improve lives daily. With $32 billion in sales, our 92,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNews.
About ParTech, Inc.
PAR is a leading global provider of software, systems, and service solutions to the restaurant and retail industries. Today, with 40 years of experience and point of sale systems in nearly 100,000 restaurants and more than 110 countries, PAR is redefining the point of sale through cloud software and bringing technological innovation to all corners of the enterprise. PAR’s Government Business is a leader in providing intelligence, surveillance, and reconnaissance (“ISR”) solutions and mission systems support to the Department of Defense and other Federal agencies. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. For more information, visit www.partech.com or connect with PAR on Facebook at www.facebook.com/parpointofsale or Twitter at www.twitter.com/Par_tech.