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Danaher Corporation
Public
Traded as
Industry Conglomerate
Founded 1969
Headquarters Washington, D.C.,
United States
Area served
Worldwide
Key people
Steven M. Rales
(Chairman of the Board)
Thomas P. Joyce, Jr.
(President & CEO)
Revenue
  • Increase US$ 19.118 billion (2013)
  • US$ 18.2604 billion (2012)
  • Increase US$ 3.2749 billion (2013)
  • US$ 3.1651 billion (2012)
  • Increase US$ 2.695 billion (2013)
  • US$ 2.3922 billion (2012)
Total assets
  • Increase US$ 34.6722 billion (2013)
  • US$ 32.941 billion (2012)
Total equity
  • Increase US$ 22.4514 billion (2013)
  • Increase US$ 19.0839 billion (2012)
Number of employees
63,000 (Dec 2012)
Divisions List of divisions
Website www.danaher.com

The Danaher Corporation is an American company with its headquarters in Washington, D.C., United States. Its products are concentrated in the fields of design, manufacturing, and marketing of industrial and consumer products. It operates in Five segments: Test & measurement, Dental, Industrial Technologies, Environmental, and Life Science & Diagnostics.

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.

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.

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.


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