Danaher Announces New Environmental and Applied Solutions Company to Be Named Veralto
(08.02.2023 09:00 von PR Newswire)
WASHINGTON, Feb. 8, 2023 /PRNewswire/ -- Danaher Corporation today announced that Veralto Corporation ("Veralto" or the "Company") will be the name of the separate public company Danaher intends to create in the fourth quarter of 2023.
Veralto will be comprised of an outstanding collection of market-leading brands in Danaher's Environmental and Applied Solutions (EAS) segment: Hach, ChemTreat, Trojan, OTT HydroMet, and McCrometer from Danaher's Water Quality Platform and Videojet, Esko, X-Rite Pantone and Linx from the Product Identification Platform.
In 2022 the EAS segment generated revenue of approximately $4.8 billion and has a global team of approximately 16,000 associates. As a standalone entity, Veralto is expected to have an investment-grade credit rating.
The new company will be led by Jennifer L. Honeycutt, who will become President and Chief Executive Officer. Ms. Honeycutt currently serves as Danaher Executive Vice President, with responsibility for the EAS segment.
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