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Vontier

From Wikipedia, the free encyclopedia
Vontier Corporation
TypePublic company
HeadquartersRaleigh, North Carolina, U.S.
Key people
Karen Francis, Chairman
Mark Morelli, President and CEO
RevenueDecrease $2.704 billion (2020)
Decrease $342 million (2020)
Total assetsIncrease $3.073 billion (2020)
Total equityDecrease $187 million (2020)
Number of employees
8,400 (2020)
Subsidiaries
Websitevontier.com
Footnotes
[1]

Vontier Corporation is an industrial manufacturing company headquartered in Raleigh, North Carolina. It owns the brands Gilbarco Veeder-Root, Matco Tools and Teletrac Navman, including subsidiaries Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).[2]

History

[edit]

In October 2020, Fortive completed the corporate spin-off of 80% of Vontier.[3] Fortive disposed of its remaining 20% ownership interest in January 2021.[4]

References

[edit]
  1. "Vontier Corporation 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. EANES, ZACHERY (February 21, 2020). "A public company plans HQ move to Raleigh. A small portion of its workers will follow". The News & Observer.
  3. "Fortive Completes Spin-off of Vontier" (Press release). Business Wire. October 9, 2020.
  4. "Vontier Announces Launch of Secondary Equity Offering of Remaining Shares of Common Stock Held by Fortive" (Press release). Business Wire. January 12, 2021.
[edit]
  • Business data for Vontier Corporation: