Fortive (NYSE:FTV)
management had already made it clear to shareholders that they wanted
services and software to be a bigger part of the future, but the pace of
that transformation has been a little surprising. Between the recent
transaction with Altra (NASDAQ:AIMC)
and the prospect of $8 billion in M&A deployment, Fortive is
certain to look different in 2020. Although this transformation carries
unknowns and risks, including the extent to which the Fortive Business
System is “portable” into these new target areas, the success of peers
like Roper (NYSE:ROP) argues that it could be a very worthwhile shift.
Read the full article here:
Fortive Accelerating Its Transformation Process
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