We’re based in Everett, Washington, but our impact circles the globe through our family of more than 20 companies. New Brunswick, N.J., April 1, 2019 -- Johnson & Johnson (NYSE: JNJ) today announced that it has completed the divestiture of its Advanced Sterilization Products (ASP) business, a division of Ethicon, Inc.*, to Fortive Corporation (NYSE: FTV) for an aggregate value of approximately $2.8 billion, consisting of $2.7 billion of cash proceeds from Fortive Corporation and $0.1 billion of retained net receivables. [46] [47] FBS has been referenced on multiple earnings calls as a key driver for sustained growth and operational excellence within the various operating companies. Founded in 1929 and headquartered at Minnesota, U.S.; 3M Company is engaged in product development, manufacturing and marketing related to various markets. The standard of patient care depends on the prevention of infection. Fortive Corporation and all Fortive Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. [17], In June 2018, Fortive made a binding offer to buy Johnson & Johnson's Advanced Sterilization Products (ASP) business. Advanced Sterlization Products Services Inc. is located in Irvine, CA, United States and is part of the Medical Equipment & Supplies Manufacturing Industry. [53] In 2020, Newsweek named Fortive as one of their top 500 most responsible companies. Today, as the world's largest and most broadly-based health care company, we are committed to using our reach and size for good. [28], In September 2019, Fortive announced its intention to split into two separate publicly traded companies. Incorporated in 1987 and headquartered in Irvine California, Advanced Sterilization Products is a subsidiary of Johnson & Johnson (J&J). Vontier would comprise the transportation and franchises businesses. [22], In addition to previous acquisitions, like Predictive Solutions (Jan 2017)[23] and ActiveBlu (2017),[24] Industrial Scientific has made multiple acquisitions as part of Fortive. [14], In July 2018, Fortive announced it was buying software firm Accruent for about $2 billion. Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following: The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends. Some of the major products offered by the company include sterilization equipment, washers, and consumables such as disinfection chemistries. [47] In February 2019, Johnson & Johnson announced that Ethicon had agreed to acquire surgical robotic company, Auris Health Inc, for $3.4 billion in cash [48] and over $2.3 billion in contingent payments based on performance. In our business, the stakes are always high. Fluke is the world leader in the manufacture, distribution and service of electronic test tools, biomedical equipment and networking solutions. 1 800 595 0200, Advanced Sterilization Products on preventing the spread of coronavirus from contaminated medical devices, New fast-track biological indicator from ASP gets 510(k) clearance, Fortive completes acquisition of Advanced Sterilization Products, US company submits 510(k) application for new biological indicator, BD introduces low-temperature sterilisation containers, Royal Liverpool Hospital strengthens infection control, French agency approves ASP Sterrad technology for the inactivation of Prions. [35] Fortive's approach has proved successful. We are united by a shared purpose and values and by our commitment to making an impact on the world. At Fortive you can work with and learn from the best. That's why for more than 130 years, we have aimed to keep people well at every age and every stage of life. For nearly a century, Venture Measurement has provided an elite offering of level and weight measurement systems for bulk, fluid, and gas materials.

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