Veralto
 | |
| Company type | Public |
|---|---|
| Industry | Water industry |
| Founded | October 26, 2022 |
| Headquarters | , U.S. |
Key people | |
| Revenue |  US$5.193 billion (2024) |
 US$833 million (2024) | |
| Total assets | US$6.406 billion (2024) |
| Total equity | US$2.038 billion (2024) |
Number of employees | 17,000 (2024) |
| Subsidiaries | Hach Company Esko X-Rite |
| Website | www |
| 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
[edit]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
[edit]- ^ a b c d "Veralto Corporation 2024 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 25, 2025.
- ^ "Fortune 500: Veralto". Fortune.
- ^ "Forbes: Veralto". Forbes.
- ^ "Katten Represents TraceGains in Acquisition by Veralto". Katten Muchin Rosenman. October 10, 2024.
- ^ a b Maffei, Lucia (July 22, 2025). "Veralto makes first investment in VC fund since spinoff — but not in Mass". American City Business Journals.
- ^ "Veralto Enters Agreement to Purchase AQUAFIDES" (Press release). February 17, 2025.
External links
[edit]- Official website
- Business data for Veralto Corporation: