Forbes - The Rales Brothers Are Doing It Again: How They Turned Danaher Into A Spinoff Machine
Sep 23, 2023
The Rales brothers, Steven M. Rales and Mitchell P. Rales, are renowned American businessmen and investors who have left an indelible mark on the corporate landscape, primarily through their association with Danaher Corporation. Their journey to prominence began in the 1980s, when they, along with a group of investors, acquired Danaher, a struggling conglomerate. Under their astute leadership, the company underwent a remarkable transformation, evolving into a highly successful, diversified industrial giant.
The Rales brothers are celebrated for their disciplined and strategic approach to business. They have consistently sought out industrial and technology companies with substantial growth potential, instilling principles of lean manufacturing and continuous improvement inspired by the Japanese concept of Kaizen. Their influence led Danaher to diversify into various sectors, including healthcare, life sciences, diagnostics, and environmental solutions.