Vontier

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. ZACHERY EANES. A public company plans HQ move to Raleigh. A small portion of its workers will follow. The News & Observer, February 21, 2020^
  3. Fortive Completes Spin-off of Vontier Business Wire, October 9, 2020^
  4. Vontier Announces Launch of Secondary Equity Offering of Remaining Shares of Common Stock Held by Fortive Business Wire, January 12, 2021^