Danaher Net Worth is30.7 12-Month Sales Growth (%)
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Company Name: Danaher Corporation / company logo
The Danaher Corporation is a large global company headquartered in Washington, D.C., United States. Its products are concentrated in the fields of design, manufacture, and marketing of industrial and consumer products.
It operates in four segments: Professional Instrumentation, Medical Technologies, Industrial Technologies, and Tools & Components.
The company was organized in 1969. It was formerly known as DMG, Inc. and changed its name to Diversified Mortgage Investors, Inc. in 1978, then to Danaher Corporation in 1984.
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. Danaher Motion is the US Flagship of Danaher Corporation's Industrial Technologies branch with over $1 billion in sales.
Within two years of Danaher Corporations'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.
UK based West Instruments provides control and measurement instrumentation solutions and services for the global industrial and proce

Danaher Latest News

Danaher Corp. (DHR) Shares Bought by Wendell David Associates Inc.

Wendell David Associates Inc. increased its position in shares of Danaher Corp. (NYSE:DHR) by 10.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 64,040 shares of ...
Posted: December 10, 2016, 8:43 am

Will Danaher (DHR) Gain from Restructuring Initiatives?

It has been a little less than six months, since Danaher CorporationDHR completed the Fortive Corporation FTV spin-off and split itself into two independent, publicly traded companies. Post this separation, it has been busy reshuffling its business to ...
Posted: December 8, 2016, 4:53 am

Farmers & Merchants Investments Inc. Has $4937000 Stake in Danaher Corp. (DHR)

They are projecting Next Quarter growth of 12.7%. Danaher Corporation (NYSE:DHR) now has mean rating of 1.70 while 6 analysts have commented the shares as "BUY", 9 recommended as "OUTPERFORM" and 4 commented as "HOLD". Dowling & Yahnke LLC increased its ...
Posted: December 10, 2016, 9:12 am
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