Company:Veralto

From HandWiki
Veralto Corporation
TypePublic
IndustryWater industry
FoundedOctober 26, 2022; 3 years ago (2022-10-26)
Headquarters
Waltham, Massachusetts
,
U.S.
Key people
  • Linda Filler (Chair)
    Jennifer L. Honeycutt (CEO & president)
  • Sameer Ralhan (CFO)
RevenueIncrease US$5.193 billion (2024)
Decrease US$833 million (2024)
Total assetsIncrease US$6.406 billion (2024)
Total equityIncrease US$2.038 billion (2024)
Number of employees
17,000 (2024)
Websitewww.veralto.com
Footnotes / references
[1]

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.[1]

The company operates two divisions: Water Quality (60% of 2024 revenues), focused on products for water analytics and water treatment, which includes Hach Company, Trojan Technologies, ChemTreat, and SeaBird Scientific; and Product Quality & Innovation (40% of 2024 revenues), focused on products for marking and coding, and packaging and color and includes Videojet, Linx, Esko, and X-Rite the latter of which is the parent company of Pantone.[1]

In 2024, Veralto generated 48% of its sales in North America, 22% of its sales in Western Europe, and 30% of its sales in other locations.[1]

The company ranked 647th and 1393rd on the 2025 editions of the Fortune 500[2] and Forbes Global 2000,[3] respectively.

History

Danaher Corporation completed the corporate spin-off of the company in September 2023.

In October 2024, the company acquired TraceGains, a cloud-based software platform used for compliance and reporting regulations for food and beverage safety and traceability, for $350 million.[4]

In November 2024, Veralto invested $15 million in Axine Water Technologies.[5]

In February 2025, the company acquired Aquafides, which produces ultraviolet water treatment systems, for $20 million.[6]

In July 2025, Veralto made a $20 million investment in Emerald Technology Ventures, a venture capital fund.[5]

References

  1. 1.0 1.1 1.2 1.3 "Veralto Corporation 2024 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 25, 2025. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001967680/000196768025000008/vlto-20241231.htm. 
  2. "Fortune 500: Veralto". Fortune. https://fortune.com/company/veralto/. 
  3. "Forbes: Veralto". Forbes. https://www.forbes.com/companies/veralto/. 
  4. "Katten Represents TraceGains in Acquisition by Veralto". Katten Muchin Rosenman. October 10, 2024. https://katten.com/katten-represents-tracegains-in-acquisition-by-veralto. 
  5. 5.0 5.1 Maffei, Lucia (July 22, 2025). "Veralto makes first investment in VC fund since spinoff — but not in Mass.". American City Business Journals. https://www.bizjournals.com/boston/news/2025/07/22/veralto-first-vc-fund-since-spinoff.html. 
  6. "Veralto Enters Agreement to Purchase AQUAFIDES" (Press release). February 17, 2025.