The Danaher Corporation is a globally diversified conglomerate with its headquarters in Washington, D.C., United States. Danaher is #144 on the 2017 Fortune 500 list. Its products are concentrated in the fields of design, manufacturing, and marketing of industrial, healthcare and consumer products. It operates in four segments: environmental & applied solutions, life sciences, diagnostics, and dental.
Video Danaher Corporation
History
The company was organized in 1969 as a Massachusetts real estate investment trust under its former name DMG, Inc. In 1978, DMG, Inc. was reorganized as a Florida corporation and changed its name to Diversified Mortgage Investors, Inc., Eventually, the company adopted the name Danaher in 1984 and was reincorporated as a Delaware corporation. In June 1986, Danaher purchased Chicago Pneumatic ("CP") who had just recently merged in July 1984 with a sister company The Jacobs Manufacturing Company ("Jacobs") and who had purchased Matco Tools Corporation ("MTC") in April 1981. Danaher sold CP in June 1987, retaining Jacobs, including its Matco Tools Division. Jacobs' name was changed to Matco Tools Corporation in November 1991, and the other divisions within Jacobs were established as separate operating companies. In January 1993, Danaher formed NMTC, Inc., which acquired a substantial portion of the assets of MTC, including the existing distributorship agreements of MTC.
The company is named after Danaher Creek in Montana where the Rales brothers, Steven and Mitchell, went fishing.
Within two years of Danaher Corporation's founding in 1984, Danaher Corporation acquired 12 companies as part of a strategy to enter the manufacturing business. Therefore, in 1986 Danaher added Qualitrol to its instrumentation unit. The unit also included Gilbarco Veeder-Root's underground fuel storage sensors, Dynapar's motion sensors and Qualitrol's pressure and temperature measurement instruments, used on the electrical transformer industry.
The Danaher Motion group acquired Kollmorgen, of Radford, Virginia.
2005-2006
UK-based West Instruments provides control and measurement instrumentation solutions and services for the global industrial and process markets. German instrumentation manufacturer PMA was added to the Industrial Controls Group in 2005 and enhances the range of control and measurement instrumentation solutions.
In July 2005, Danaher Announces Definitive Agreement To Acquire Leica Microsystems. The company manufactures a broad range of products for numerous applications requiring microscopic imaging, measurement and analysis. It also offers system solutions in the areas of Life Science including biotechnology and medicine, as well as the science of raw materials and industrial quality assurance.
2007-2008
In early 2007 Danaher acquired Australian Pathology Instrument and Engineering company Vision Systems Limited. Also in 2007, Danaher made its largest acquisition to date, the purchase of Tektronix, Inc. for 2.85 billion USD.
2009-2010
In 2009 Danaher purchased the Analytical Technologies business unit of Canadian Life Sciences company MDS, Inc. for $650 million USD. 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 $450 million USD, leaving Danaher as outright owner of AB SCIEX and Molecular Devices. The aggregate purchase price for the combined transactions is $1.1 billion.
2011-2012
In 2011 Danaher entered into a definitive merger agreement with Beckman Coulter and sold Accu-sort to Datalogic.
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. In December 2012 Danaher Corporation acquired Navman Wireless, a provider of on-demand fleet and asset management technology.
2013-2014
In September 2014, Danaher Corp announced its intention to buy Nobel Biocare for $2.2 billion. In October 2014, Danaher Corp announced it would be combining its communications unit with NetScout Systems. The action was completed in July 2015
2015-2016
In May 2015, Danaher Corp announced the acquisition of Pall for $13.8 billion, which was completed in August 2015.
In June 2016, Danaher spun off several subsidiaries, including Matco and AMMCO-COATS, to create Fortive. In September of the same year, the company announced it would acquire Cepheid for $4 billion (including debt).
in 2016 October, Danaher Corporation acquired Phenomenex for $700 million to expand its life sciences space.
2017-present
In October 2017, Danaher Corp announced the acquisition of IDBS. It was announced that IDBS would become part of Danaher's life sciences platform.
In March 2018, the business announced it would acquire Integrated DNA Technologies for an undisclosed price.
Maps Danaher Corporation
Divisions
- Environmental & Applied Solutions
- ALLTEC/FOBA
- AVT
- ChemTreat
- Esko
- HACH
- Laetus GmbH
- LINX
- McCrometer
- Pantone
- Trojan Technologies
- Videojet
- X-rite
- Life Sciences
- Beckman Coulter Life Sciences
- Leica Microsystems
- Molecular Devices
- Pall Corporation
- Phenomenex
- SCIEX
- Diagnostics
- Beckman Coulter
- Cepheid
- HemoCue
- Leica Biosystems
- Radiometer
- Dental
- Implant Direct
- KaVo Kerr
- Nobel Biocare
- Ormco
Other Brands (Note: As of July 2016, some of these are now part of Fortive)
- ALLTEC | FOBA Laser Marking + Engraving Solutions
- AMMCO-COATS
- Anderson Negele
- Anderson Instrument
- Negele Messtechnik
- Armstrong Tools- In October 2012 Danaher and Cooper sold Apex to Bain Capital for about $1.6 billion.
- Dolan Jenner
- Dynapar
- Northstar
- Harowe
- ELE
- Gems Sensors & Controls
- G&L Motion Control, Inc
- Hengstler
- Hennessy Industries
- Imaging Sciences International
- Invetech
- Jacobs Vehicle Systems
- Joslyn Clark
- Matco Tools
- McCrometer
- Navman Wireless
- Qualitrol
- Iris Power
- Neoptix
- Robin Electronics
- Setra Systems
- Sonix
- SybronEndo
- Teletrac
- Venture Measurement
- Bindicator
- Kistler-Morse
- Levelite
- Niagara Meters
- West Control Solutions
- CAL Controls
- Partlow
- PMA
- West Instruments
See also
- Condition-based maintenance
- Partial Discharge
- Dissolved gas analysis
- Electric power transmission
- Electric power distribution
References
External links
- Danaher Corporation official website
Source of the article : Wikipedia
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