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Fortive Corp sold by BoD member (and CEO of Danaher)-Steven Rales: $354.39m-August 25,26,27
Fortive Corporation is a diversified group organized around 2 areas of activity:
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manufacturing of industrial components and technical equipment (55.3% of net sales): remote fuel management solutions for distribution and payment security, industrial robots, medical devices and automated precision control applications, diagnostic equipment, tire service equipment, etc. for the manufacturing, medical and transport sectors;
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manufacturing of professional measuring tools and instruments (44.7%): connected or offline management software solutions for industrial, electrical and sanitary infrastructure operation, tools, modules and solutions for product manufacturing, sensors and measuring systems.
At the end of 2018, the group operated 100 production sites, mainly located in the United States (58). Net sales are distributed geographically as follows: the United States (54.9%), China (8.8%), Germany (3.6%) and other (32.7%). Number of employees : 25 000 people.
https://www.marketscreener.com/quote/stock/FORTIVE-CORPORATION-28859043/company/
Steven M. Rales has served on Fortive’s Board of Directors since 2016. He is a co-founder of Danaher Corporation and has served as Chairman of the Board of Danaher since 1984. In addition, he has been a principal in a private business entity in the area of film production for more than the past five years. Steven M. Rales (born March 31, 1951) is an American businessman, film producer and chairman of Danaher Corporation. In 2018 Forbes listed him as the 88th richest person in America, with a net worth of $6.2 billion. In 1979, he left his father's real estate firm to found Equity Group Holdings, with his brother Mitchell Rales. Using junk bonds, they bought a diversified line of businesses: first Mastershield, a vinyl siding manufacturer, then Mohawk Rubber Company, then Diversified Mortgage Group. They changed the name to Diversified Mortgage Investors, in 1978, and then Danaher, in 1984. In 1985, they bought Easco Corporation, the then-largest independent aluminum extrusion manufacturer, and hand tool manufacturer which produced the Craftsman brand of sockets and wrenches for Sears.
Steven Rales is a producer and actor, known for Moonrise Kingdom (2012), Fantastic Mr. Fox (2009) and The Grand Budapest Hotel (2014).
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https://en.wikipedia.org/wiki/Steven_M._Rales
https://www.fortive.com/leadership/steven-m-rales
https://www.finviz.com/insidertrading.ashx?oc=1015013&tc=7&b=2
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