Industrial Scientific dates back to 1976 where it was originally set up as the Industrial Safety Division of the National Mine Service Company (NMS). The company was sold in 1985 and started operation as a private company. Over the last 32-years, Industrial Scientific has primarily been owned by the McElhattan family, aside from going public for a brief time in the 1990s.
At the end of July, the gas detection expert announced it had signed a definitive agreement to join the Fortive family of industrial technology companies as a member of its field solutions platform.
Fortive is a public company that was a part of Danaher Corporation until July 2016 when its spun off to become its own company. With 2016 revenues of $6.2bn, Fortive is a diversified industrial growth company with essential technology businesses that drive innovation in field instrumentation, transportation, sensing, product realisation, automation, and franchise distribution.
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