Company type | Public company |
---|---|
Headquarters | Raleigh, North Carolina, U.S. |
Key people | Karen Francis, Chair of the Board of Directors Mark Morelli, President and CEO Anshooman Aga, SVP and CFO Katie Rowen, SVP and Chief Legal & Sustainability Officer of Vontier |
Revenue | $3.184 billion (2022) |
$546.6 million (2022) | |
Total assets | $3.140 billion (2022) |
Total equity | $579.5 million (2022) |
Number of employees | 8,100 (2022) |
Subsidiaries | Vontier § Strategic Segments |
Website |
vontier |
Footnotes / references [1] |
Vontier Corporation (NYSE: VNT) is a multinational industrial technology company that specializes in mobility technologies and alternative energy solutions. Established in 2020 as a spin-off from Fortive Corporation, Vontier consists of diverse portfolio of businesses across the mobility technology, diagnostics and repair, and environmental and fueling sectors. Headquartered in Raleigh, North Carolina, Vontier has a global presence, serving customers across more than 150 countries. [2]
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]
In September 2021, Vontier completed its first acquisition, announcing the completion of its DRB Systems acquisition. [5]
In February 2022, Vontier announced its intention to diversify its portfolio towards long-term secular growth drivers including electrification, gaseous fuels infrastructure, network management, and energy storage solutions with a commitment to invest more than $500 million over the next five years to lead in the energy transition. This announcement coincided with the acquisition of Driivz. [6]
In October 2022, Vontier completed the acquisition of Invenco. [7]
In April 2023, Vontier completed the divestiture of Global Traffic Technologies, also known as GTT.
In March 2023, Vontier announced a new reporting structure to align with its connected mobility strategy and provide greater transparency. [8] Vontier began reporting under this new structure with its first quarter 2023 earnings announcement. [9]
Mobility Technologies:
Repair Solutions:
Environmental & Fueling Solutions:
In 2022, Vontier released its inaugural Environment, Social and Governance (ESG) Report, [10] which summarizes the company’s goals and sustainability progress since its 2020 launch as an independent public company. Vontier has been named a Best Places to Work for LGBTQ+ employees by the Human Rights Campaign, [11] a Military Friendly Employer, [12] and earning a B score from CDP in 2022. [13]
Company type | Public company |
---|---|
Headquarters | Raleigh, North Carolina, U.S. |
Key people | Karen Francis, Chair of the Board of Directors Mark Morelli, President and CEO Anshooman Aga, SVP and CFO Katie Rowen, SVP and Chief Legal & Sustainability Officer of Vontier |
Revenue | $3.184 billion (2022) |
$546.6 million (2022) | |
Total assets | $3.140 billion (2022) |
Total equity | $579.5 million (2022) |
Number of employees | 8,100 (2022) |
Subsidiaries | Vontier § Strategic Segments |
Website |
vontier |
Footnotes / references [1] |
Vontier Corporation (NYSE: VNT) is a multinational industrial technology company that specializes in mobility technologies and alternative energy solutions. Established in 2020 as a spin-off from Fortive Corporation, Vontier consists of diverse portfolio of businesses across the mobility technology, diagnostics and repair, and environmental and fueling sectors. Headquartered in Raleigh, North Carolina, Vontier has a global presence, serving customers across more than 150 countries. [2]
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]
In September 2021, Vontier completed its first acquisition, announcing the completion of its DRB Systems acquisition. [5]
In February 2022, Vontier announced its intention to diversify its portfolio towards long-term secular growth drivers including electrification, gaseous fuels infrastructure, network management, and energy storage solutions with a commitment to invest more than $500 million over the next five years to lead in the energy transition. This announcement coincided with the acquisition of Driivz. [6]
In October 2022, Vontier completed the acquisition of Invenco. [7]
In April 2023, Vontier completed the divestiture of Global Traffic Technologies, also known as GTT.
In March 2023, Vontier announced a new reporting structure to align with its connected mobility strategy and provide greater transparency. [8] Vontier began reporting under this new structure with its first quarter 2023 earnings announcement. [9]
Mobility Technologies:
Repair Solutions:
Environmental & Fueling Solutions:
In 2022, Vontier released its inaugural Environment, Social and Governance (ESG) Report, [10] which summarizes the company’s goals and sustainability progress since its 2020 launch as an independent public company. Vontier has been named a Best Places to Work for LGBTQ+ employees by the Human Rights Campaign, [11] a Military Friendly Employer, [12] and earning a B score from CDP in 2022. [13]