Vontier

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

Vontier Corporation
TypePublic company
HeadquartersRaleigh, North Carolina, U.S.
Key people
Karen Francis, Chairman
Mark Morelli, President and CEO
Number of employees
8,300
Subsidiaries
Websitevontier.com
Footnotes / references
[1]

History

In October 2020, Fortive completed the corporate spin-off of 80% of Vontier. [3] At the point of its independent incorporation, Vontier immediately became a component of the S&P 500. Fortive subsequently disposed of its remaining 20% ownership interest in January 2021.[4]

References
  1. "Vontier Corporation Draft Registration Statement". 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. Businesswire.com
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.