Danaher Announces New Environmental and Used Options Business to Be Named Veralto
WASHINGTON, Feb. 8, 2023 /PRNewswire/ — Danaher Corporation (NYSE: DHR) (“Danaher”) currently announced that Veralto Corporation (“Veralto” or the “Corporation”) will be the name of the different public enterprise Danaher intends to produce in the fourth quarter of 2023.
Veralto will be comprised of an excellent collection of sector-foremost models in Danaher’s Environmental and Applied Remedies (EAS) segment: Hach, ChemTreat, Trojan, OTT HydroMet, and McCrometer from Danaher’s Water Quality System and Videojet, Esko, X-Rite Pantone and Linx from the Solution Identification System. In 2022 the EAS section produced revenue of approximately $4.8 billion and has a worldwide team of about 16,000 associates. As a standalone entity, Veralto is predicted to have an expenditure-quality credit rating score. The new corporation will be led by Jennifer L. Honeycutt, who will turn into President and Main Govt Officer. Ms. Honeycutt at this time serves as Danaher Executive Vice President, with duty for the EAS section.
“The title Veralto provides together two common Latin root terms ‘Veri’ for reality and ‘Alto’ for top, reflecting our dedication to excellence and the higher goal that compels us to produce a far better future for all. As stewards of the world’s most critical assets, our firms assistance be certain billions of men and women have risk-free food stuff, h2o, and medicines just about every day,” Ms. Honeycutt reported.
“With a strong Danaher heritage, the Veralto team will carry on to provide dependable abilities to resolve our customers’ most sophisticated workflow worries,” she continued. “Our society of continuous advancement will be codified in the Veralto Enterprise Technique, which is derived from the Danaher Company Procedure, and will continue on to deliver our organizations with sustainable aggressive benefit.”
Veralto will create its headquarters