Danaher

Company Description

Danaher Corporation is a diversified multinational company providing professional, medical, industrial, and commercial products and services. It is especially involved in the design, manufacturing, and commercialization of medical and laboratory instruments for medical diagnosis, as well as specialized equipment, consumables, and software for the biopharmaceutical, packaging, food and beverage, aerospace, microelectronics, water utilities, and general industrial sectors.

Detailed Description

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment provides mass spectrometers; flow cytometry, genomics, lab automation, centrifugation, particle counting and characterization; microscopes; genomics consumables; and Gene and Cell Therapy. This segment also offers bioprocess technologies, consumables, and services; and filtration, separation, and purification technologies to the pharmaceutical and biopharmaceutical, food and beverage, medical, and life sciences companies, as well as universities, medical schools and research institutions, and various industrial manufacturers. The Diagnostics segment provides chemistry, immunoassay, microbiology, and automation systems, as well as hematology, molecular, acute care, and pathology diagnostics products. This segment offers clinical instruments, reagents, consumables, software, and services for hospitals, physicians' offices, reference laboratories, and other critical care settings. The Environmental & Applied Solutions segment offers instrumentation, consumables, software, services, and disinfection systems to analyze, treat, and manage ultra-pure, potable, industrial, waste, ground, source, and ocean water in residential, commercial, industrial, and natural resource applications. This segment also provides instruments, software, services, and consumables for various color and appearance management, packaging design and quality management, packaging converting, printing, marking, coding, and traceability applications for consumer, pharmaceutical, and industrial products. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.

Key People

Founder(s): Steven M. Rales, Mitchell Rales

Steven M. Rales, Chairman of the Board Mitchell Rales, Chairman of the Executive Committee Rainer M. Blair, President & CEO Daniel L. Comas, Executive VP & CFO

Financials

Revenue: US$29.453 billion (2021)

Operating income: US$3.27 billion (2019)

Net income: US$2.49 billion (2017)

Total assets: US$46.65 billion (2017)

Total equity: US$26.37 billion (2017)