Vontier

U.S. information technology company
HeadquartersRaleigh, North Carolina, U.S.
Key people
Karen Francis, Chairman
Mark Morelli, President and CEORevenueDecrease $2.704 billion (2020)
Net income
Decrease $342 million (2020)Total assetsIncrease $3.073 billion (2020)Total equityDecrease $187 million (2020)
Number of employees
8,400 (2020)Subsidiaries
  • Gilbarco Veeder-Root
  • Matco Tools
  • Teletrac
Websitevontier.comFootnotes / references
[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

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

  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.

External links

  • Business data for Vontier Corporation:
    • Bloomberg
    • Google
    • Reuters
    • SEC filings
    • Yahoo!