Company Announcements

Anderson-Negele to be part of new public corporation when Danaher splits in 2016

Anderson-Negele to be part of new public corporation when Danaher splits in 2016

20 May 2015

Last week, Danaher announced that by the end of 2016 it will split into two, publicly traded companies. One company will maintain the Danaher name, and the other – to be named in the coming months – will be a $6BN industrial technologies company. The new company will include Anderson-Negele, as a part of the Sensors and Automation businesses.

As part of this new public company, Anderson-Negele’s business model, strategy, and the subsequent way we serve our customers will be unchanged. The fact that we will be more closely aligned with our sister sensor and automation businesses should accelerate investment and technology sharing across those businesses. From a team perspective, the current Anderson-Negele team remains intact, and for those of you who follow the stock market, Jim Lico – a greater than 20 year Danaher veteran – will be CEO of the new company. Jim has a well-deserved reputation of being a strong business leader who has piloted many DHR businesses successfully.

The only news that remains is the name of the new public entity, which we will publish once it is named. Otherwise, Anderson-Negele will continue to run according to your input and the principle that we must be continuously improving to remain competitive.

Please contact JT Townsend or Scott LeBrun if you have any questions regarding the news. Thank you.