Danaher Announces New Environmental and Used Methods Firm to Be Named Veralto

WASHINGTON, Feb. 8, 2023 /PRNewswire/ — Danaher Company (NYSE: DHR) (“Danaher”) nowadays announced that Veralto Company (“Veralto” or the “Business”) will be the identify of the separate public organization Danaher intends to make in the fourth quarter of 2023. 

Veralto will be comprised of an fantastic collection of current market-primary models in Danaher’s Environmental and Used Answers (EAS) phase:  Hach, ChemTreat, Trojan, OTT HydroMet, and McCrometer from Danaher’s Water High quality System and Videojet, Esko, X-Rite Pantone and Linx from the Products Identification Platform. In 2022 the EAS segment produced income of approximately $4.8 billion and has a world-wide workforce of around 16,000 associates. As a standalone entity, Veralto is expected to have an expenditure-grade credit rating rating. The new enterprise will be led by Jennifer L. Honeycutt, who will develop into President and Main Executive Officer. Ms. Honeycutt currently serves as Danaher Govt Vice President, with obligation for the EAS segment.

“The title Veralto provides jointly two common Latin root terms ‘Veri’ for truth and ‘Alto’ for top, reflecting our commitment to excellence and the better objective that compels us to create a improved potential for all. As stewards of the world’s most very important methods, our companies help make certain billions of people have harmless food, drinking water, and medicines just about every working day,” Ms. Honeycutt stated.

“With a potent Danaher heritage, the Veralto group will proceed to provide trusted abilities to fix our customers’ most complicated workflow difficulties,” she continued. “Our tradition of steady improvement will be codified in the Veralto Business Technique, which is derived from the Danaher Business enterprise Program, and will keep on to deliver our organizations with sustainable aggressive advantage.”

Veralto will establish its headquarters in Waltham, Massachusetts, and intends to apply to checklist its frequent stock on the New York Inventory Trade below the image VLTO. 

NOT AN Offer you OF ANY SECURITIES

The info in this conversation is for informational needs only and shall not constitute, or sort a element of, an present to market or the solicitation of an provide to offer or the solicitation of an present to invest in any securities.

ABOUT DANAHER

Danaher is a global science and technologies innovator fully commited to assisting its clients resolve elaborate challenges and bettering excellent of life close to the entire world. Its family of earth class makes has leadership positions in the demanding and beautiful health and fitness care, environmental and used end-markets. With additional than 20 functioning firms, Danaher’s globally diverse team of about 81,000 associates is united by a widespread society and running method, the Danaher Enterprise Procedure, and our Shared Goal, Supporting Notice Life’s Potential. For much more information and facts, make sure you visit www.danaher.com.

Ahead-Looking STATEMENTS

Statements in this launch that are not strictly historic, together with the statements with regards to the anticipated standing up of Veralto as a general public organization, Veralto’s predicted credit score, Veralto’s management, corporations, strategy, prospective buyers and plans, and any other statements regarding activities or developments that we think or foresee will or may well take place in the potential are “forward-seeking” statements in just the which means of the federal securities laws. There are a selection of significant variables that could cause real success, developments and company conclusions to vary materially from people advised or indicated by these ahead-seeking statements and you really should not put undue reliance on any these kinds of forward-seeking statements. These components contain, among the other factors, the remarkably uncertain and unpredictable severity, magnitude and length of the COVID-19 pandemic (and the relevant governmental, organization and community responses thereto) on our company, success of operations and economic ailment, the effect of our personal debt obligations on our operations and liquidity, deterioration of or instability in the financial state, the markets we serve and the economic marketplaces (together with as a result of the COVID-19 pandemic), uncertainties relating to U.S. guidelines or insurance policies, which include prospective changes in U.S. trade guidelines and tariffs and the response of other countries thereto, contractions or progress charges and cyclicality of markets we provide, competitors, our skill to acquire and properly sector new products and solutions and systems and increase into new marketplaces, the possible for incorrect perform by our personnel, agents or business enterprise partners, our compliance with applicable legal guidelines and restrictions (such as rules relating to off-label internet marketing and other laws relating to health-related products and the health and fitness care market), the outcomes of our clinical trials and perceptions thereof, our means to proficiently handle value reductions and other variations in the health care market, our capacity to correctly determine and consummate correct acquisitions and strategic investments and successfully comprehensive divestitures and other inclinations, our capacity to integrate the companies we acquire and realize the anticipated advancement, synergies and other benefits of these kinds of acquisitions, contingent liabilities and other hazards relating to acquisitions, investments, strategic relationships and divestitures (including tax-connected and other contingent liabilities relating to earlier and future IPOs, split-offs or spin-offs), protection breaches or other disruptions of our details technological innovation techniques or violations of data privacy laws, the effect of our restructuring things to do on our means to mature, pitfalls relating to prospective impairment of goodwill and other intangible assets, forex trade prices, tax audits and variations in our tax rate and earnings tax liabilities, adjustments in tax legislation relevant to multinational companies, litigation and other contingent liabilities including intellectual assets and environmental, overall health and safety issues, the rights of the United States government to use, disclose and license specified intellectual assets we license if we are unsuccessful to commercialize it, dangers relating to merchandise, services or computer software flaws, solution legal responsibility and recalls, challenges relating to product or service production, our interactions with and the functionality of our channel companions, uncertainties relating to collaboration preparations with third-parties, commodity prices and surcharges, our means to alter buys and manufacturing potential to mirror market ailments, reliance on sole resources of supply, the impact of deregulation on desire for our solutions and providers, the influence of local climate transform, or legal or regulatory actions to tackle local weather adjust, labor issues and our skill to recruit, retain and motivate gifted staff, intercontinental economic, political, authorized, compliance, social and small business elements (like the impression of the military services conflict between Russia and Ukraine and the United Kingdom’s separation from the European Union), disruptions relating to male-produced and normal disasters (together with pandemics these kinds of as COVID-19), pension plan fees, inflation and provide chain disruption.  Added data concerning the elements that may well result in actual results to vary materially from these forward-on the lookout statements is readily available in our SEC filings, which includes our 2021 Once-a-year Report on Variety 10-K and Quarterly Report on Sort 10-Q for the 3rd quarter of 2022.  These forward-wanting statements communicate only as of the day of this launch and besides to the extent essential by relevant legislation, the Corporation does not think any obligation to update or revise any forward-wanting statement, irrespective of whether as a consequence of new data, potential gatherings and developments or in any other case.

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For additional information: John T. Bedford, Vice President, Trader Relations, Danaher Company, 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, D.C. 20037, Phone: (202) 828-0850, Fax: (202) 828-0860

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