Danaher Corporation

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Danaher is an American conglomerate, headquartered in Washington, DC. The company sells its products in the USA (37.2%); China (12.9%); Germany (5.6%); and Other (44.3%).

Danaher designs, manufactures and markets professional, medical, industrial and commercial products and services through three divisions:

  • 75.4%: Medical equipment: diagnostic equipment, digital imaging systems, optical instruments, microscopes, consumables, etc.;
  • 13.8%: Professional instruments of analysis: systems of quality control of waters, disinfection, etc.;
  • 10.8%: Identification products.

Shareholders

Source: MarketScreener.svg,  

holding company of x subsids.

Timelines

  • Mar.2020:
    Cytiva.svgDeals-Arrow-Left.svg
    Cytiva: GE Healthcare's Life Sciences BioPharma business was acquired,[1] having rebranded itself. The name comes from ‘cyto,’ which means ‘cell’ in Greek, and ‘iva,’ a Latin suffix meaning ‘doing’ and ‘capable of’.[2] The business makes equipment for the research and manufacture of pharmaceuticals.[3][1] CytivaLifeSciences.com, CytivaLifeSciences UK
  • Dec.2019: Envista, Danaher's dental unit, was spun off as an independent publicly-traded company.[2],[3]
  • Oct.2019: Danaher announced it has signed an agreement to sell its biomolecular characterization, chromatography hardware and resins, microcarriers and particle validation standards businesses to Germany's Sartorius AG.[4]
  • Mar.2018: Integrated DNA Technologies was acquired.[5],[6]
  • Oct.2017: ID Business Solutions Ltd, a scientific informatics company, was acquired,[7] becoming part of Danaher's life sciences platform.[8]
  • Oct.2016: Phenomenex was acquired to expand its life sciences operations.[9]
  • Sept.2016: Cepheid was acquired.[10]
  • Jun.2016: Fortive Corporation was spun off and floated as a separate company.ref Formed from ~20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation, and franchise distribution.[11] Several subsidiaries, including Matco and AMMCO-COATS, formed Fortive.[12]
  • May.2015: Pall: Danaher announced the acquisition,[13] which was completed in August 2015.[14]
  • Jul.2015: NetScout Systems: Danaher combined its communications unit with NetScout.[15],[16]
  • Sept.2014: Nobel Biocare Holding AG: Danaher announced its intention to buy.[17]
  • Dec.2012 Danaher Corporation acquired Navman Wireless, a provider of on-demand fleet and asset management technology.[18]
  • Oct.2012: Apex Tool Group, the joint venture between Danaher and Cooper Industries plc, was sold to private equity firm Bain Capital.[4],[19]
  • 2011: Accu-sort was sold to Datalogic.
  • 2011: § Beckman Coulter Inc was acquired.[20]
  • Jul.2010: Apex Tool Group was formed as a 50/50 joint venture between Danaher Tool Group and Cooper Industries plc's Cooper Hand Tools.[5][6]
  • 2009: Life Technologies Corporation: acquired the remaining 50% ownership position in AB SCIEX, leaving Danaher as outright owner of AB SCIEX and Molecular Devices.[21]
  • 2009: Analytical Technologies, a business unit of Canadian Life Sciences company MDS Inc, was aquired.[22]
  • 2007: Tektronix Inc was acquired.[23],[24]
  • 2007: Vision Systems Ltd, an Australian pathology instrument and engineering company, was acquired.[25]
  • Jul.2005: Leica Microsystems, a German producer of surgical microscopes and other professional instruments, was acquired.[26]
  • 2005: PMA, a German instrumentation manufacturer, was added to the Industrial Controls Group to enhances the range of control and measurement instrumentation.
  • 2005: Kollmorgen Corporation, a motion business based in Radford, Virginia, was acquired from the Warner Electric Company.ref
  • 2004: Danaher acquired ~10 smaller businesses.
  • May.2004: Kaltenbach Voigt GmbH, a leading dental equipment manufacturer, was acquired.
  • 2003: Danaher acquired ~12 smaller businesses.
  • Oct.2002: Thomson Industries was acquired.ref
  • Feb.2002: Two businesses were acquired from Marconi plc.
  • 1999: Hach company, broadening the portfolio of chemical, mainly water and wastewater, analytics also with the German company Lange.
  • 1998: Fluke Corporation, a producer of electronic test tools, was acquired.
  • 1998: Pacific Scientific Company was acquired, to enter the motion industry business.
  • 1996: Acme-Cleveland Corporation, a manufacturer of industrial controls and test equipment used in the telecommunications industry, was acquired.
  • 1995: Joslyn Corporation, a Chicago-based maker of switches and controls, was acquired.
  • 1994: Armstrong, a tool company with brands including Armstrong, Allen, amongst others.
  • Jan.1993: NMTC Inc was formed, which acquired a substantial portion of Matco Tools Corporation's assets, including existing distributorship agreements.
  • Nov.1991: Matco Tools Corporation: Jacobs' was renamed; the other Jacobs' divisions were established as separate operating companies.
  • 1991: Normond CMS, a British manufacturer and marketer of environmental products, was acquired by Vedeer-Root, a Danaher subsidiary, from Micrelec Group, a control and instrument company.ref
  • 1989: Easco Hand Tools Inc was acquired.[27]
  • Oct.1989: Mohawk Rubber Company was sold to Yokohama Rubber Company Ltd.link, link
  • Jun.1987: Chicago Pneumatic Tool Company was sold to Swedish conglomerate Atlas Copco AB,[7] with the Jacobs Manufacturing Co. being retained, along with its Matco Tools division.
  • Oct.1986: Chicago Pneumatic Tool Company, a leader in rock drilling and pneumatics, was acquired by the DH Acquisition Corporation, a Danaher subsidiary.[8] CP had merged in Jul.1984 with a sister company, the Jacobs Manufacturing Company, which had purchased Matco Tools Corporation in Apr.1981. ToDo: link, link, link, History
  • 1986: Qualitrol was acquired and added to the Instrumentation division,[28] which included Gilbarco Veeder-Root's underground fuel storage sensors, Dynapar's motion sensors,[29] and Qualitrol's pressure and temperature measurement instruments, used in the electrical transformer industry.[30]
  • 1986-1988: Expansion: Danaher acquired another 12 companies as part of a strategy to enter the manufacturing business. The 14 subsidiaries were grouped into 4 business units: Automotive/Transportation; Instrumentation; Precision components; and Extruded Products.
  • 1984: Danaher Corporation: the company reformed as a holding company, refocused on manufacturing, reincorporating in Delaware and renaming itself after Danaher Creek, a mountain stream in western Montana.[31] OpenCorporates-sm.svg
  • 198?: Master Shield Inc was acquired, to enter into the manufacture and distribution of vinyl building products.
  • 198?: Mohawk Rubber Company was acquired, to enter the business of tyre manufacturing.
  • 1980: DMB: a new holding company was formed, with Diversified Mortgage Investors Inc becoming a subsidiary, continuing to focus on its real estate operations.
  • 1978: Diversified Mortgage Investors Inc: DMG Inc changed its name, reincorporating in Florida. OpenCorporates-sm.svg
  • 1969: DMG Inc was founded as a Massachusetts real estate investment trust.
Additional Sources: The Danaher Story. Danaher Corporation. Accessed Sept.20.2020., Danaher Corporation - Company Profile. Reference for Business. Accessed Sept.20.2020.

Beckman Coulter Inc

ToDo: link, link, link, ink, link, link, link, link, link, link, link, link, link

References

  1. ^ GE Healthcare Ltd. Annual Report, Dec.31.2018, Companies House.
  2. ^ Introducing Cytiva: GE plans name change ahead of $21bn Danaher buy. GE Healthcare’s Biopharma business has announced plans to change its name and logo in anticipation of its acquisition by Danaher Corporation later this year. Dan Stanton, BioProcess International, Sept.06.2019.
  3. ^ GE continues slim down with $21bn sale of BioPharma business. Ben Hargreaves, BioPharma Reporter, Feb.25.2019.
  4. ^ Bain Capital Private Equity Completes Acquisition of Apex Tool Group, Leading Global Tools Manufacturer. Press Release, Bain Capital, Jan.31.2013.
  5. ^ Danaher, Cooper Industries Form Joint Venture. Tess Stynes, The Wall Street Journal, Mar.26.2010.
  6. ^ Cooper Industries, Danaher Tool Joint Venture Closes. Modern Distribution Management, Jul.06.2010.
  7. ^ International acquisitions and expansion. Atlas Copco AB. Accessed Sept.22.2020.
  8. ^ Chicago Pneumatic. by Reuters, The New York Times, Oct.08.1986.