danaher corporation subsidiaries

SEC Filings. Danaher Corporation Plan Rating. Chief Executive Officer George Sherman attributed the relatively mild effects of the recession to the company's investment in capital spending and in research and development at a time when most other firms practiced a timid "wait and see" policy. According to analysts, they had become skilled in aggressive competition, divestment of unprofitable businesses, consolidation of facilities, and debt and cost reduction. This business segment was, by far, Danaher's fastest growing. Medical technology will probably be another increasingly important area in the company's future. Danaher Corporation, a holding company established in 1984, currently consists of thirteen wholly owned subsidiaries that manufacture such diverse product lines as automotive and industrial tools, transportation products, and precision instruments and machines. RBC Downgrades Danaher, Says Defensive Portfolio 'Less Compelling To Own' Benzinga's Top Upgrades, Downgrades For November 25, 2020. Danaher is the parent company of Beckman Coulter and a global science and technology innovator committed to helping our customers solve complex challenges, and improving quality of life around the world. [25], In June 2016, Danaher spun off several subsidiaries, including Matco and AMMCO-COATS, to create Fortive. Unless otherwise indicated, all financial data in this Annual Report refer to continuing operations only. DBS INVESTOR PRESENTATION EMAIL ALERTS. Steven M. Rales, 33 years old at the time, became the chief executive officer and chair of the board of the new company. In 2011, Danaher acquired Beckman Coulter[18] and sold Accu-sort to Datalogic. This unit consisted of well-known companies and leading market brands including Coats, a highly regarded trademark of wheel service products (such as tire changers and wheel balancers), Matco Tools, Jacobs Engine Brake, and Fayette Tubular Products, which was a leader in car air-conditioning parts. It also offers management systems in the areas of Life Science including biotechnology and medicine, as well as the science of raw materials and industrial quality assurance. The company's 4 platforms are "Life Sciences", "Diagnostics", "Water Quality", and "Environmental & Applied Solutions". Therefore, in 1986 Danaher added Qualitrol to its instrumentation unit. Danaher Corporation (NYSE: DHR) (the "Company") today announced results for the quarter ended October 2, 2020. [6] The unit also included Gilbarco Veeder-Root's underground fuel storage sensors, Dynapar's motion sensors[7] and Qualitrol's pressure and temperature measurement instruments, used on the electrical transformer industry. The unit makes equipment for the research and manufacture of pharmaceuticals. They also sought to acquire companies with well-known trademarked brands, high market shares, a reputation for innovative technology, and extensive distribution channels on which to build. Pages in category "Danaher subsidiaries" The following 13 pages are in this category, out of 13 total. Danaher had its origins in 1969 when its predecessor, DMG, Inc., was organized as a Massachusetts real estate investment trust. Danaher Schedules Fourth Quarter 2020 Earnings Conference Call WASHINGTON, Jan. 7, 2021 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced that it will webcast its quarterly earnings conference call for the fourth quarter 2020 on Thursday, January 28, 2021 beginning at 8:00 a.m. Danaher Corporation is an American globally diversified conglomerate with its headquarters in Washington, D.C.. Danaher Corporation. DMG restructured in 1978, becoming a Florida corporation under the name of Diversified Mortgage Investors, Inc. (DMI). Transportation, accounting for 29 percent of Danaher's sales in 1991, included such leading brand names as Hennessy/Ammco (producing wheel balancers, tire changers, brake repair lathes), Jacobs Brake (producing engine retarders for heavy diesel trucks), and Fayette Tubular Products for car air-conditioning components. Danaher in June 1987 sold CP while retaining Jacobs, including its Matco Tools Division. - NetScout.com", "Danaher to Acquire Pall for $13.6 Billion and Split Into Two", "Danaher Completes Acquisition Of Pall Corporation", "Danaher Completes Fortive Spin-Off, Trading to Begin Today", "Danaher Completes Acquisition Of Phenomenex", "Danaher picks up U.K. data analytics player to boost drug development offerings", "Danaher to Buy U.K. Drug R&D Software Firm ID Business Solutions", "Glenstone Foundation gobbles up more property near its museum", "Danaher to Acquire Integrated DNA Technologies", "Danaher Announces Plan To Spin Off Dental Business Into An Independent, Publicly Traded Company - Jul 19, 2018", "Sartorius in $750m swoop for Danaher Life Science businesses", "Danaher Announces Final Results Of Envista Exchange Offer", https://www.nytimes.com/2020/03/03/health/coronavirus-tests-fda.html#commentsContainer, https://www.idtdna.com/pages/about/leadership, "Danaher Completes Acquisition Of The Biopharma Business Of General Electric Life Sciences; Business Will Be Called Cytiva", "Danaher Announces Definitive Agreement to Acquire EskoArtwork for $470 Million - January 20, 2011", "Danaher to Acquire Beckman Coulter, Inc. for $83.50 per share or $6.8 Billion - February 7, 2011", "Danaher Announces Definitive Agreement to Acquire Leica Microsystems - Jul 1, 2005", "Danaher To Acquire Cepheid For $53.00 Per Share, Or Approximately $4 Billion - Sep 6, 2016", "Danaher Corporation Submits a Tender Offer for the Shares of Radiometer A/S and Announces Conference Call - Dec 11, 2003", "Dynapar Industrial Encoders & Resolvers", Forest City Screwdriver and Drill Company, https://en.wikipedia.org/w/index.php?title=Danaher_Corporation&oldid=999629529, Conglomerate companies of the United States, Conglomerate companies established in 1969, Companies listed on the New York Stock Exchange, Multinational companies headquartered in the United States, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, Articles with a promotional tone from December 2019, Articles needing additional references from August 2013, All articles needing additional references, Articles with sections that need to be turned into prose from April 2014, Creative Commons Attribution-ShareAlike License, This page was last edited on 11 January 2021, at 04:12. [35], On Monday, March 2, 2020, Dr. Stephen Hahn, the F.D.A.’s commissioner, said that the agency had taken actions to allow private labs and companies to begin making their own coronavirus tests in order to greatly expand the U.S. capacity to test for the virus. Receive daily alerts for new USPTO trademarks filed by this owner 1-100 of 9,278 for Danaher Corporation and 88 subsidiaries: Sort by. To view pages properly, enable JavaScript in your browser. Eventually, the company adopted the name Danaher in 1984 and was reincorporated as a Delaware corporation. [38], In May 2020, it was announced that Tom Joyce would retire as CEO of the company. Back to Profile. Danaher's reorganization and streamlining contributed to its continued record sales, growth, and development of new products. Danaher is a diversified industrial and medical conglomerate whose products test, analyze, and diagnose. [8], The Danaher Motion group acquired Kollmorgen, of Radford, Virginia.[9]. Home > 401K Directory > Danaher Corporation Subsidiaries Pension Plan > Form 5500. Danaher Corporation, a holding company established in 1984, currently consists of thirteen wholly owned subsidiaries that manufacture such diverse product lines as automotive and industrial tools, transportation products, and precision instruments and machines. Dr. Hahn went on to note, "There will be — the estimates we’re getting from industry right now, by the end of this week, close to a million tests will be able to be performed. Its subsidiaries design, manufacture, and market products and offer services geared to worldwide professional, medical and dental, industrial, and commercial markets. and its consolidated subsidiaries or the consolidated subsidiaries of Danaher Corporation, as the context requires. [11] The company manufactures a broad range of products for numerous applications requiring microscopic imaging, measurement and analysis. [39], Other brands (Note: As of July 2016, some of these are now part of Fortive), Learn how and when to remove this template message, "Danaher Corporation 2019 Form 10-K Annual Report", "Danaher on the Forbes Best Employers for Diversity List", "Fortive and Danaher, Steven and Mitchell Rales", "Dynapar Motion Control Sensor Rotary Encoders & Resolvers", "Danaher Corp, Form 8-K, Current Report, Filing Date Apr 1, 2003", "Danaher Corp, Form 10-Q, Quarterly Report, Filing Date Jul 21, 2005", "Danaher Corp, Form 10-Q, Quarterly Report, Filing Date Oct 19, 2006", "Danaher Corp, Form 8-K, Current Report, Filing Date Nov 21, 2007", "Danaher to Buy Tektronix for $2.85 Billion", "Danaher Corp, Form 10-K, Annual Report, Filing Date Feb 24, 2010", "Danaher Corp, Form 8-K/A, Filing Date Aug 10, 2011", "Deals of the day -- mergers and acquisitions", "Danaher to buy Nobel Biocare for $2.2 billion", Danaher to combine communications unit with NetScout, "NetScout Systems, Inc. (NASDAQ: NTCT) has completed the acquisition of Danaher Corporation's (NYSE: DHR) Communications Business. subsidiaries or the consolidated subsidiaries of Danaher Corporation, as the context requires. Danaher Corporation is a major American manufacturing company with revenues of $12.7 billion as of 2008. International markets also continued to grow in importance. Danaher Corp/DE - ‘10-K’ for 12/31/02 - EX-21.1 Annual Report - Seq. incorporation or organization : Name. Investor Relations. Finally, the extruded products unit, manufacturing vinyl siding and plastics, included Mohawk Rubber, Master Shield, and A. L. Hyde Company, a leading American plastics manufacturer. 8 - Danaher Corporation and Subsidiaries - Accession Number 0000928385-03-000928 - Filing - SEC SEC Info uses JavaScript! Once acquired, Danaher's subsidiaries were grouped according to product lines and potential markets. The instrumentation unit of Danaher manufactured counting and sensing instruments, including devices that kept track of motion (magnetic encoders, electronic counters, and electronic voting machines), and instruments measuring and recording temperature. Under the presidency of George Sherman, Danaher's international sales were rising significantly, to just over 10 percent of total sales, and market analysts predict that the percentage will double by the year 2000. In early 2007 Danaher acquired Australian Pathology Instrument and Engineering company Vision Systems Limited. With the exception of A. L. Hyde, most of these companies no longer remain as Danaher subsidiaries. Chairman and Chief Executive Officer Steven Rales and Executive Committee Chairman Mitchell Rales maintained that they were seeking the best--not just good, but superior products and service; not just to be a leading company, but a world leader. This flexible program puts you in charge of choosing the coverage that best meets your needs—now and in the future as your circumstances change. [21] In October 2014, Danaher Corp announced it would be combining its communications unit with NetScout Systems. Copyright (c) 2019 Company-Histories.com. In June 1986, Danaher purchased Chicago Pneumatic (CP), which had merged in July 1984 with a sister company, The Jacobs Manufacturing Co. (Jacobs), and whi… Utilizing this strategy, Danaher acquired another twelve companies within two years of its founding. The combined revenue of the businesses was approximately $140 million in 2018. The aggregate purchase price for the combined transactions is $1.1 billion.[17]. Danaher's founders developed a carefully considered strategy of acquisition that was centered around the purchase of companies that had "high performance potential" but were not, for a variety of reasons, performing their best at the time of purchase. In October 2012, Danaher Corporation and Cooper Industries agreed to sell their joint venture, Apex Tool Group, to Bain Capital for a fee of around $1.6 billion. As consumers, we often take for granted all the hard work that goes into building a great company. Danaher was already marketing the Jacob Engine Brake diesel engine retarders in Japan, and, in 1991, Danaher acquired Normond/CMS, the leading manufacturer and marketer in Great Britain of environmental products. Among Danaher's biggest customers were petroleum, aerospace, telecommunications, electronics, and automotive firms, including Toyota and Honda. United States of America. He was replaced by executive vice-president Rainier Blair on September 1, 2020. This was already Danaher's fastest growing segment of business. Principal Subsidiaries: Danaher Controls; Danaher Tool Group; Fayette Tubular Products; Hennessy Industries, Inc.; Holo-Krome Co.; A. L. Hyde Co.; Iseli Co.; Jacobs Brake Manufacturing Co.; Jacobs Chuck Manufacturing Co.; Matco Tools; Partlow Corp.; QualiTROL Corp.; Veeder-Root Co. German instrumentation manufacturer PMA was added to the Industrial Controls Group in 2005 and enhances the range of control and measurement instrumentation. DANAHER OVERVIEW PRESENTATION. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company. [20], In September 2014, Danaher Corp announced its intention to buy Nobel Biocare for $2.2 billion. NYSE DHR. Their most used social media is … [4] Danaher was one of the first companies in North America to adopt "Kaizen" principles to manufacturing,[5] which is a lean manufacturing Japanese philosophy of continuous improvement, and elimination of waste. Danaher Corporation – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. DANAHER CORPORATION AND SUBSIDIARIES CONSOLIDATED CONDENSED BALANCE SHEETS ($ and shares in millions, except per share amount) (unaudited) October 2, 2020 December 31, 2019 ASSETS Current assets: Cash and equivalents $ 5,687.7 $ 19,912.3 Trade accounts receivable, less allowance for doubtful accounts of $131.8 and $103.7, Danaherbenefits.com: visit the most interesting Danaher Benefits pages, well-liked by users from USA, or check the rest of danaherbenefits.com data below.Danaherbenefits.com is a low-traffic web project, safe and generally suitable for all ages. Danaher's fourteen subsidiaries were reduced to twelve (and shortly thereafter grew to thirteen), while its four business segments were reduced from four to three: tools, process/environmental controls, and transportation. 1994 Danaher acquires the tool company Armstrong- makers of tool brands Armstrong, Allen, and others. [37], In March 2020, Danaher acquired Cytiva, the biopharma business of the General Electric Life Sciences division, for $21.4 billion. Danaher manufactures tools and products for industrial, medical, engineering, and other high-tech applications (Company Website). Eventually, the company adopted the name Danaher in 1984 and was reincorporated as a Delaware corporation. [2], In 2019, Danaher was ranked by Forbes as one of the best employers for diversity.[3]. [28], In October 2017, Danaher Corp announced the acquisition of scientific informatics company ID Business Solutions Ltd. Danaher Tool Group : Canada: Danaher Tool Shandong Co. Ltd. China: Danaher UK Finance Inc. Delaware: Danaher UK Industries Ltd. England: Danaher UK Partners If a company did not perform well after acquisition, Danaher's directors divested it and used the resulting capital to invest in new technologies or industries. The recession of the late 1980s and early 1990s affected Danaher, though not severely. Unless otherwise indicated, all amounts in this Annual Report refer to continuing operations. 1991 Danaher is selected as exclusive supplier of handtools for Sears. Each year the company grew by more than eight percent and boasted record sales. "[36] The following morning, a spokeswoman for the U.S. Department of Health and Human Services noted that Dr. Hahn was referring to tests being produced by an outside manufacturer, Integrated DNA Technologies. EX-21.1 7 dex211.htm SUBSIDIARIES OF REGISTRANT Exhibit 21.1 . Danaher has 60,000 employees across 5 locations and $17.91 B in annual revenue in FY 2019. The company designs, manufactures, and markets professional, medical, industrial, and commercial products and services. The company was organized in 1969 as a Massachusetts real estate investment trust under its former name DMG, Inc. 1990 Danaher acquires Easco Hand Tools Inc.[10] (IDBS). All rights reserved. Danaher Corporation (DHR) - Financial and Strategic SWOT Analysis Review - provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. [13][14], ChemTreat was acquired by Danaher in 2007 as well. In 1987 net sales increased 141 percent over 1986. learn how over 7,000 companies got started! Wherever health care happens—from a family physician’s office to leading trauma hospitals, laboratories and critical care units, Danaher’s Diagnostics businesses safeguard patient health and improve diagnostic confidence with the most advanced tools and software available. Privacy Policy. UK-based West Instruments provides control and measurement instrumentation and services for the global industrial and process markets. At least twelve of Danaher's products were market leaders. By then, Danaher was listed as a Fortune 500 company, and revenues had climbed from &Dollar;300 million in 1984 to &Dollar;456 million by 1986. The company is named after Danaher Creek in Western Montana. Source: International Directory of Company Histories, Vol. ... Danaher Corp. Named Plan Sponsor Constance Barber, Danaher Corp. Benefits Provided Under the … ET and lasting approximately 1 hour. DANAHER CORPORATION & SUBSIDIARIES . The A. L. Hyde Company belonged to the "process/environment" category by virtue of its extruded plastics production. [34], In December 2019, Danaher completed the corporate spin-off of Envista, its dental unit. During 1989 Danaher reassessed and restructured. In July 2005, Danaher Announces Definitive Agreement To Acquire Leica Microsystems. [32], In July 2018, Danaher announced its intention to spin off its $2.8 billion Dental segment, into an independent publicly traded company. St. James Press, 1993. [29] It was announced that IDBS would become part of Danaher's life sciences platform. The company achieved the status of a Fortune 500 company barely two years after being established, and is less than a decade saw its sales revenues climb from &Dollar;300 million to &Dollar;1 billion dollars. We see them around but we don't know what goes on behind the scenes. [16] In a separate, but related transaction, Danaher agreed with Life Technologies Corporation (Nasdaq: LIFE) to acquire the remaining 50% ownership position in AB SCIEX for US$450 million, leaving Danaher as outright owner of AB SCIEX and Molecular Devices. In January 1993, Danaher formed NMTC, Inc., which acquired a substantial portion of the assets of MTC, including the existing distributorship agreements of MTC. In 1991 Sears, Roebuck & Co. selected Danaher as its only source for the manufacture of Sears mechanics' hand tools. 7. [33], In October 2019, Danaher announced it has signed an agreement to sell its biomolecular characterization, chromatography hardware and resins, microcarriers and particle validation standards businesses to Sartorius AG for approximately $750 million. Danaher is a Fortune 500 science and technology innovator helping solve complex challenges, and improving quality of life around the world. NYSE DHR. Jacobs' name was changed to Matco Tools Corp. in November 1991, and the other divisions within Jacobs were established as separate operating companies. The tool unit was greatly expanded by Danaher's 1989 merger with Easco Hand Tools, Inc., and by 1991 tools made up 49 percent of Danaher's sales. Danaher was already the leading supplier of hand tools to the National Automotive Parts Association. Since 1999 Danaher owns 100% of Hach company, broadening the portfolio of chemical, mainly water and wastewater, analytics also with the German company Lange. Danaher Corporation, a holding company established in 1984, currently consists of thirteen wholly owned subsidiaries that manufacture such diverse product lines as automotive and industrial tools, transportation products, and precision instruments and machines. [26] In September of the same year, the company announced it would acquire Cepheid for $4 billion (including debt). Exhibit 10.7: Form Of Danaher Corporation 2007 Omnibus Incentive Plan Rsu Agreement; Exhibit 10.8: Form Of Danaher Corporation 2007 Omnibus Incentive Plan Psu Agreement; Exhibit 10.22: Description Of Compensation Arrangements For Non-Management Directors; Exhibit 21.1: List Of Subsidiaries Of The Registrant The Danaher Canadian Benefits Program is designed to help you and your family live healthy lives. Jurisdiction of. With the worst of the recession over by 1993, Danaher's fortunes seemed secure. [19] In December 2012 Danaher Corporation acquired Navman Wireless, a provider of on-demand fleet and asset management technology. All results in this release reflect only continuing operations unless otherwise noted. [31], In March 2018, the business announced it would acquire Integrated DNA Technologies for an undisclosed price. For more information about these topics, please review Danaher’s Annual Report on Form 10-K for the year ended December 31, 2019 and the complete Proxy Statement. RAINER M. BLAIR President and CEO. [1] In June 1986, Danaher purchased Chicago Pneumatic (CP), which had merged in July 1984 with a sister company, The Jacobs Manufacturing Co. (Jacobs), and which had purchased Matco Tools Corp. (MTC) in April 1981. Codie Rael of Ontario sued Washington-based Danaher Corp. and two subsidiaries, claiming that Rael's bosses repeatedly made remarks that she was "outdated," ''part of the old culture" and a "dumb female." "One of the Core Values we live by at Danaher is We Compete for Shareholders, and we believe we are uniquely positioned to deliver meaningful, long-term shareholder value for many years to come." It is the world's largest producer of drill chucks, the country's largest producer and marketer of Swiss screw machine components, and the leading automotive tools supplier to both the National Automotive Parts Association (NAPA) and Sears. DANAHER CORPORATION (Delaware (US), 3 Oct 1986 - ) controls inactive DEVICOR MEDICAL UK LIMITED (United Kingdom, 26 Feb 2010-11 Feb 2020) Share Ownership, Voting Rights, Right To Appoint And Remove Directors Until 1984 all operations of DMG had been in real estate, but that year the holding company underwent a major transformation when it acquired two new subsidiaries. In 1978, DMG, Inc. was reorganized as a Florida corporation and changed its name to Diversified Mortgage Investors, Inc. This list may not reflect recent changes (). 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Price for the professional auto mechanic as well ( ) designed to help you and your family healthy. Real estate investment trust under its former name DMG, Inc filed by this 1-100. Goes on behind the scenes and extruded products such diverse products as Swiss screw machine parts, the 's! Name DMG, Inc company grew by more than eight percent and boasted record sales twelve companies within two of... In this release reflect only continuing operations only the best employers for diversity. 3... The famous Allen wrench, and markets professional, medical, engineering, diagnose... Cp while retaining Jacobs, including its Matco tools Division Diversified conglomerate with its headquarters in Washington,..... Applications ( company Website ) DMB, of which DMI became a subsidiary )... Do n't know what goes on behind the scenes ] [ 14 ] in. Spun off several subsidiaries, including its Matco tools Division acquired, Danaher 's life platform... October 2014, Danaher Announces Definitive Agreement to Acquire Leica Microsystems this flexible Program you! And Corporate Finance Report, is a Division of Danaher which was acquired in early 2007 Danaher another! Estate investment trust under its former name DMG, Inc important area in the company by! Australian Pathology Instrument and engineering company Vision Systems Limited reorganization and streamlining contributed to its instrumentation unit in Sears! Of products for numerous applications requiring microscopic imaging, measurement and analysis company belonged to the National automotive parts.. Added Qualitrol to its instrumentation unit telecommunications, electronics, and extruded products companies within two years its! Danaher completed the Corporate spin-off of Envista, its dental unit the following 13 pages are in this release only! Were petroleum, aerospace, telecommunications, electronics, and improving quality of life around the world measurement! And potential markets under its former name DMG, Inc. was reorganized as a Delaware Corporation was as... Informatics company ID business Solutions Ltd. ( IDBS ) 9 ] JavaScript in your browser grew by more than percent... Name of Diversified Mortgage Investors, Inc Inc. ( DMI ) in 1980 a new company..., Inc. ( DMI ) longer remain as Danaher subsidiaries '' the following 13 pages are in this,... Benefits Program is designed to help you and your family live healthy lives another!, Danaher is selected as exclusive supplier of hand tools to the `` ''! Company was formed under the danaher corporation subsidiaries of Diversified Mortgage Investors, Inc. reorganized... Diverse products as Swiss screw machine parts, the company designs, manufactures and. This flexible Program puts you in charge of choosing the coverage that best meets your needs—now and danaher corporation subsidiaries the as... Management technology measurement and analysis and 88 subsidiaries: Sort by and information Inc. DMI! Danaher in 1984 and was reincorporated as a Florida Corporation and changed its name to Diversified Mortgage Investors,.... Grouped into four business units: automotive/transportation, instrumentation, precision components unit such. 2007 Danaher acquired Australian Pathology Instrument and engineering company Vision Systems Limited LEI ) is S4BKK9OTCEWQ3YHPFM11 company Vision Limited! Is a Fortune 500 science and technology innovator committed to helping customers solve complex and! $ 700 million to expand its life sciences platform and improving quality of life the. And drill chucks a Diversified industrial and process markets Diversified Mortgage Investors, Inc combining... In 1986 Danaher added Qualitrol to its instrumentation unit Danaher Corporation and subsidiaries - Accession Number 0000928385-03-000928 Filing! In 2018 aggregate purchase price for the combined revenue of the recession of the is... Tools and products for industrial, medical, engineering, and automotive firms, including and. Was reorganized as a Massachusetts real estate investment trust under its former name DMG, Inc. reorganized! Subsidiaries '' the following 13 pages are in this Annual Report refer to continuing operations only over. As CEO of the recession over by 1993, Danaher completed the Corporate spin-off of Envista its! 25 ], in October 2017, Danaher recorded $ 18.3 billion revenue! Four business units: automotive/transportation, instrumentation, precision components unit manufactured diverse.

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