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On July 2, 2016, Danaher Corporation completed the spinoff of Fortive Corporation. The previous day, Danaher''s stock price had reached an all-time high. In 2015, Danaher had decided to split off its test and measurement, fuel and fleet management, and automation businesses, leaving the ""new Danaher"" focused on life sciences, diagnostics, dental, water quality, and product-identification businesses. It was hardly the first industrial conglomerate to spin off major divisions; Tyco International PLC, ITT Corporation, Illinois Tool Works, Johnson Controls, and Ingersoll-Rand PLC had made similar moves in recent memory. However, its peers had often experienced declining profitability or pressure from activist investors. Danaher, by contrast, had performed strongly in the years leading up to the spinoff. It had spent the previous decade strengthening its portfolio in sectors such as life sciences and dental products with acquisitions including Beckman Coulter in 2011, Nobel Biocare Holding AG in 2014, and Pall Corporation in 2015.

涵蓋領域：

Health care;Profitability;Competitive advantage;Logistics;Conglomerates;Restructuring;Software development;Technology;Machinery;Business processes;Job outsourcing;Exit plans;Testing;Valuation;Acquisition;Subsidiaries;Consolidations;Values;Diversification;Mergers & acquisitions;Business models;Consolidation;Automation;Market entry;Revenues;Distribution;Product adaptation;Divestiture;Organizational change;Joint ventures;Organizational problems;Outsourcing;Resouce allocation;Corporate strategy;Competitive strategy;Business history;Succession planning;Engineering;Competition;Continuous improvement;Expansion;Growth strategy;Multinational corporations;Networks;Health;Market opportunities;Business growth;Metrics;Business strategies;Business units;Spin-offs;Strategy;Globalization

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