Danaher

Danaher Overview

Company Headquarters: Washington, D.C., US

Founded: 1969

Workforce: ~71,000

Company Working: Danaher designs, manufactures, and markets professional, medical, industrial, and commercial products and services all over the world. The company has five business segments, namely, life sciences, diagnostics, dental, water quality, and product identification. Its life sciences segment provides laser scanning, compound, surgical, and other stereo microscopes. It also offers dental implant systems, high-precision individualized prosthetics, and CAD/CAM systems under the brand name Nobel Biocare. The company operates through more than 20 subsidiaries in the global market.

Strategy

Danaher is actively entering into joint ventures and acquisitions. Additionally, the company aims to enhance its science and technology product portfolio through strategic capital allocations. Danaher recently opened a new Danaher Innovation Center in Cambridge, Massachusetts, US to enhance its product portfolio in its life sciences segment.

Company Snapshot

$16,882.4M

Revenue

71,000

Employees

1969

Founded

Washington, D.C., US

Headquarters

SWOT Analysis

Strengths

Industrial diversity and unique products
High customer loyalty
Strong management and high expertise
Worldwide presence
Diverse business segments
Strong brand value

Weaknesses

High indebtedness
Relatively less market penetration outside the US market
Product recalls in the recent years can negatively affect the company’s image

Opportunities

Acquisitions to strengthen industrial technologies and the diagnostic business
Product and service expansion
Strategic mergers
Increasing demand for immunoassay products
Product launches

Threats

Intense competition in the market
Changes in regulations of healthcare and related industries
Pricing pressure from established regional & global market plyers
Fluctuating exchange rates

Key Developments

Date	Approach	Development
July 2018	Expansion	Danaher announced its intention to spin off its dental segment into an independent, publicly-traded company ("DentalCo"). The transaction is intended to be tax-free to Danaher shareholders and expected to be completed by the second half of 2019. DentalCo will be a premier global partner for the dental community, with industry-leading positions and brands providing world-class innovation, service, and solutions for customers.

Product Offering

Danaher
- Clear Aligners
- Ormco
- Immunoassay Analyzers (Beckman Coulter)
- Immunoassay Testing (RADIOMETER)

Financial Performance

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