Veralto

Last updated
Veralto Corporation
Company type Public
Industry Water industry
FoundedOctober 26, 2022;2 years ago (2022-10-26)
Headquarters
Waltham, Massachusetts
,
U.S.
Key people
RevenueIncrease2.svg US$5.193 billion (2024)
Decrease2.svg US$833 million (2024)
Total assets Increase2.svg US$6.406 billion (2024)
Total equity Increase2.svg US$2.038 billion (2024)
Number of employees
17,000 (2024)
Subsidiaries Hach Company
Esko
X-Rite
Website www.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]

Contents

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 2 3 4 "Veralto Corporation 2024 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 25, 2025.
  2. ↑ "Fortune 500: Veralto" . Fortune.
  3. ↑ "Forbes: Veralto". Forbes .
  4. ↑ "Katten Represents TraceGains in Acquisition by Veralto". Katten Muchin Rosenman . October 10, 2024.
  5. 1 2 Maffei, Lucia (July 22, 2025). "Veralto makes first investment in VC fund since spinoff — but not in Mass" . American City Business Journals .
  6. ↑ "Veralto Enters Agreement to Purchase AQUAFIDES" (Press release). February 17, 2025.
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