Press Releases

  • June 12, 2018
    EVERETT, Wash.--(BUSINESS WIRE)--Ahead of its investor day to be held at one of its operating companies, Industrial Scientific Corporation, headquartered in Pittsburgh, PA, Fortive Corporation (“Fortive”) (NYSE: FTV), a diversified industrial growth company, reaffirmed its guidance for the second quarter and full-year 2018. For the second quarter of 2018, Fortive anticipates diluted net earnings per share to be in the range of $0.80 to $0.84 and adjusted diluted netmore...
  • June 6, 2018
    • Acquisition of Global Market Leader with Strong History of Market Creation, Innovation & Brands
    • Provides Entry into the Attractive, Strong Growth Medical Sterilization and Disinfection Market with Runway for Advanced Solutions and International Growth
    • Large Global Installed Base with Significant Recurring Revenue of +80%
    • Aligned with Fortive’s Strategy to Help Customers Drive Better Safety, Compliance & Productivity
    • Complementary to Fortive’s Expertise in Highly Regulated Critical Customer Workflows
    • Expected to Achieve 10% ROIC in 4 Years
    • Expected to be Accretive to Adjusted Net Earnings in First Full Year Following Acquisition
    • Acquisition Expected to Close No Later than Early 2019
    EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it has made a binding offer to Ethicon, Inc.*, a subsidiary of Johnson & Johnson, to purchase the Advanced Sterilization Products (“ASP”) business for approximately $2.7 billion in cash. Based on financial measures provided by Johnson & Johnson, ASP generated 2017 revenue of approximately $775 million (unaudited) and adjusted EBITDA margin of approximately 25% (unauditedmore...
  • May 30, 2018
    EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced that President and Chief Executive Officer, James A. Lico, will be presenting at Bank of America Merrill Lynch 2018 Global Technology Conference in San Francisco, CA on Wednesday, June 6 at 2:20 PM PT. The audio will be simultaneously webcast and the presentation will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a diversified industrial growth company comprisedmore...
  • May 17, 2018
    EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV), a diversified industrial growth company, will host a live video webcast of its Investor Day on June 12, 2018 beginning at 10:00AM ET and concluding at approximately 1:45PM ET. The link to the webcast will be available on the “Investors” section of Fortive’s website, www.fortive.com, under the subheading “Events & Presentations.” A replay of the video webcast will be available following themore...
  • May 14, 2018
    EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced that President and Chief Executive Officer, James A. Lico, will be presenting at the Electrical Products Group Conference in Longboat Key, Florida on Monday, May 21 at 7:30 AM ET. The audio will be simultaneously webcast and the presentation will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a diversified industrial growth company comprised of Professionalmore...