Industrial Strength

This Danaher Veteran Says There's a Conglomerate Middle Ground

Water-technology spinoff Veralto isn’t quite a pure play but it does have an overarching growth theme, says CEO Jennifer Honeycutt

Even as iconic industrial conglomerates like GE break up, some leaders see room for a middle ground where multifaceted businesses can still thrive.

Photographer: Luke Sharrett/Bloomberg

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Despite many prognostications about its impending demise, the conglomerate model can still work — with the right ingredients and mindset.