Vontier Corporation is a manufacturing company headquartered in

Raleigh, North Carolina Raleigh (; ) is the capital city of the state of North Carolina and the List of North Carolina county seats, seat of Wake County, North Carolina, Wake County in the United States. It is the List of municipalities in North Carolina, second-most ...

. It owns the brands

Gilbarco Veeder-Root Gilbarco Inc., doing business as Gilbarco Veeder-Root, is a supplier of fuel dispensers, point of sales systems, payment systems, forecourt merchandising and support services. The company operates as a subsidiary of Vontier and its headquarters ...

Matco Tools Matco Tools, Inc. is an American professional tool distribution franchise for the automotive and other industries and is based in Stow, Ohio, United States. This includes over 13,000 different tools such as wrenches, screw drivers, gauges, and ...

and

Teletrac Teletrac (branded as Teletrac Navman; formerly Trafficmaster) is a software as a service company headquartered in Southern California, with offices in the United Kingdom. It provides cloud-based GPS fleet tracking software, stolen vehicle tracki ...

Navman, including subsidiaries Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).

History

In October 2020,

Fortive Fortive is an American diversified industrial technology conglomerate company headquartered in Everett, Washington. Fortive was spun off from Danaher in July 2016. Mitchell Rales and Steven M. Rales, Danaher's founders, retained board seats ...

completed the

corporate spin-off A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characte ...

of 80% of Vontier. Fortive disposed of its remaining 20% ownership interest in January 2021.

References

External links

* {{authority control American companies established in 2020 Companies based in Raleigh, North Carolina Technology companies established in 2020 Companies listed on the New York Stock Exchange Corporate spin-offs 2020 establishments in North Carolina