Veralto Corporation Market Research Report
Background
Overview
Veralto Corporation, headquartered in Waltham, Massachusetts, is a global leader in essential technology solutions dedicated to safeguarding the world's most vital resources. The company operates through two primary segments: Water Quality and Product Quality & Innovation. Veralto's mission is to create a safer, cleaner, and more vibrant future by providing innovative solutions in water analytics, water treatment, marking and coding, and packaging and color. The company was established in October 2023 following a corporate spin-off from Danaher Corporation.
Mission and Vision
Veralto's mission is to safeguard the world's most vital resources, including water, food, and essential goods, by delivering innovative and sustainable solutions. The company's vision is to create a safer, cleaner, and more vibrant future through its products and services.
Primary Area of Focus
Veralto focuses on two main areas:
1. Water Quality: Providing products and services that improve the quality and reliability of water, including water analytics and treatment solutions.
2. Product Quality & Innovation: Offering solutions that ensure the safety and authenticity of products, including marking and coding, packaging, and color instrumentation.
Industry Significance
Veralto plays a crucial role in industries such as municipal utilities, food and beverage, pharmaceuticals, and industrials by providing essential technologies that monitor, enhance, and protect key resources. The company's solutions are vital for ensuring safe drinking water, food safety, and product authenticity, thereby contributing to public health and environmental sustainability.
Key Strategic Focus
Core Objectives
Veralto aims to drive growth through meaningful organic and inorganic investments, focusing on:
- Innovation: Developing new and enhanced products and services based on technological advancements.
- Sustainability: Advancing sustainability objectives for customers and reducing its own environmental impact.
- Operational Excellence: Leveraging the Veralto Enterprise System (VES) to improve profitability and cash flows.
Specific Areas of Specialization
- Water Quality: Precision instrumentation and water treatment technologies for measuring, analyzing, and treating water in various applications.
- Product Quality & Innovation: Marking and coding, packaging, and color instrumentation and related consumables.
Key Technologies Utilized
- Water Quality: Chemical reagents, services, and digital solutions for water analysis and treatment.
- Product Quality & Innovation: Inline printing solutions, design software, imaging systems, and color management solutions.
Primary Markets or Conditions Targeted
- Water Quality: Municipal utilities, industrial processes, and natural resource applications.
- Product Quality & Innovation: Food and beverage, pharmaceutical, and industrial sectors.
Financials and Funding
Funding History
Veralto was established as a standalone entity in October 2023 following a corporate spin-off from Danaher Corporation. The company is publicly traded on the New York Stock Exchange under the ticker symbol VLTO. As of September 12, 2025, Veralto's stock price is $109.03.
Total Funds Raised
As a publicly traded company, Veralto has access to capital markets for funding. Specific details regarding total funds raised post-spin-off are not publicly disclosed.
Recent Funding Rounds
Veralto has engaged in strategic investments to enhance its capabilities:
- October 2024: Acquired TraceGains, a cloud-based software platform for compliance and reporting regulations in food and beverage safety and traceability, for $350 million.
- February 2025: Acquired Aquafides, a producer of ultraviolet water treatment systems, for $20 million.
- July 2025: Invested €20 million in Emerald Technology Ventures, a venture capital fund focused on water innovation solutions.
Notable Investors
As a publicly traded company, Veralto's investors include institutional and individual shareholders. Specific details about individual investors are not publicly disclosed.
Intended Utilization of Capital
The capital raised through acquisitions and investments is intended to:
- Expand Veralto's product offerings in water treatment and product quality solutions.
- Enhance technological capabilities, particularly in digital solutions and water innovation.
- Strengthen market presence in key sectors such as food and beverage, pharmaceuticals, and industrials.
Pipeline Development
Key Pipeline Candidates
Veralto's strategic acquisitions have bolstered its pipeline:
- TraceGains: Enhances Veralto's capabilities in compliance and reporting for food and beverage safety and traceability.
- Aquafides: Expands Veralto's portfolio in ultraviolet water treatment technologies.
- Emerald Technology Ventures: Provides access to breakthrough water technologies through the venture capital fund.
Stages of Clinical Trials or Product Development
Specific details regarding clinical trials or product development stages for these acquisitions are not publicly disclosed.
Target Conditions
The acquisitions target improvements in water treatment processes and compliance in the food and beverage industry.
Relevant Timelines for Anticipated Milestones
Timelines for integrating these acquisitions and achieving related milestones are not publicly disclosed.
Technological Platform and Innovation
Proprietary Technologies
- Water Quality: Chemical reagents, services, and digital solutions for water analysis and treatment.
- Product Quality & Innovation: Inline printing solutions, design software, imaging systems, and color management solutions.
Significant Scientific Methods
- Water Quality: Advanced water analysis techniques and treatment processes.
- Product Quality & Innovation: Innovative packaging design and color management methodologies.
AI-Driven Capabilities
Specific details regarding AI-driven capabilities are not publicly disclosed.
Leadership Team
Key Executive Profiles
- Jennifer L. Honeycutt: President and Chief Executive Officer. Previously served as Executive Vice President for Danaher's Environmental & Applied Solutions segment.
- Sameer Ralhan: Senior Vice President and Chief Financial Officer. Formerly Senior Vice President and Chief Financial Officer for The Chemours Company.
- Melissa Aquino: Senior Vice President, Water Quality. Formerly Senior Vice President and Group Executive of Danaher's Water Quality companies.
- Mattias Byström: Senior Vice President, Product Quality & Innovation. Formerly President of Danaher's Packaging & Color Management companies.
- Surekha Trivedi: Senior Vice President, Strategy & Sustainability. Formerly Vice President of Strategy for Danaher's Environmental & Applied Solutions segment.
- Lesley Beneteau: Senior Vice President, Human Resources. Formerly Vice President, Talent Management of Danaher.
- Sylvia Stein: Senior Vice President and General Counsel. Formerly Vice President, General Counsel, Corporate Secretary, and Chief Compliance Officer of Modine Manufacturing Company.
Competitor Profile
Market Insights and Dynamics
The market for water and product quality solutions is characterized by:
- Market Size: Valued at over $5 billion in annual sales.
- Growth Potential: Driven by increasing global demand for clean water, food safety, and product authenticity.
- Industry Trends: Emphasis on sustainability, technological innovation, and regulatory compliance.
Competitor Analysis
Veralto faces competition from various companies in the water and product quality sectors. Specific competitor details are not publicly disclosed.
Strategic Collaborations and Partnerships
Significant Collaborations
- Emerald Technology Ventures: Veralto's €20 million investment in this venture capital fund strengthens its access to breakthrough water technologies.
Strategic Opportunities and Future Directions
Veralto's strategic roadmap includes:
- Expansion into Emerging Markets: Leveraging acquisitions to enter new geographic regions.
- Technological Advancements: Integrating advanced technologies to enhance product offerings.
- Sustainability Initiatives: Developing solutions that address environmental challenges and promote resource conservation.
Contact Information
Official Website
Veralto Corporation
Social Media Profiles
- LinkedIn: Veralto Corporation