Who Owns Solventum?
Solventum is the corporate brand of Solventum Corporation (NYSE: SOLV), a publicly traded health care company headquartered in Maplewood, Minnesota. Launched in 2024 when 3M spun off its health care business, the brand covers medical-surgical supplies, dental products, and health information systems generating $8.3 billion in FY2025 sales. Bryan Hanson is CEO.
Parent Company
Founded
2024
Status
Publicly Traded
Headquarters
GlobalOfficial Website
Who Owns Solventum?
- Parent Company: Solventum Corporation
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: SOLV
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Solventum | Solventum Corporation | Brand division |
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History of Solventum
- Founded: 2024
- Founders: 3M Company (spin-off)
The brand launched in April 2024 with the 3M spin-off, a name built to suggest solutions and momentum for the newly independent health care company. Product brands like Tegaderm, Bair Hugger, and Prevena carried the clinical recognition while the corporate brand established itself with investors.
Under CEO Bryan Hanson, the brand's first full year delivered results ahead of expectations, with the Acera acquisition, SKU rationalization, and purification divestiture reshaping the portfolio around five growth drivers.
About Solventum Corporation
Is Solventum part of 3M?
No. It was spun off as an independent public company in April 2024, though 3M retained a stake being sold down.
Is Solventum publicly traded?
Yes. It trades on the NYSE under ticker SOLV and is in the S&P 500.
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Who is the CEO of Solventum?
Bryan Hanson, former Zimmer Biomet CEO, who has led since the spin-off.
What does Solventum make?
Medical-surgical supplies, dental products, health information software, and filtration products.
- Founded: 2024
- Headquarters: Maplewood, Minnesota, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: SOLV
- Revenue: $8.3 billion (FY2025)
- Employees: Approximately 22,000
Where Is Solventum Made / Based?
- Headquarters: Maplewood, Minnesota, USA
Solventum Categories & Tags
Brands Owned by Solventum Corporation
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Solventum Ownership: Pros & Cons
Advantages
- +Fresh identity backed by proven clinical product brands
- +Dedicated management focus post-spin
- +Margin improvement runway from separation
Considerations
- -Brand recognition still building among clinicians
- -Separation execution risk from 3M infrastructure
- -Commodity categories face pricing pressure
Frequently Asked Questions About Solventum
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Sources & Further Reading
Competitors to Solventum
No direct competitors found in the same category. This could be because Solventumoperates in a unique market segment or we're still building our competitor database.
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Independent Alternatives to Solventum
Looking for brands with different ownership structures? These similar brands are not owned by Solventum Corporation, giving you alternative choices that support different corporate structures.
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Band-Aid is privately owned, unlike Solventum which is under a publicly traded parent company.
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Neosporin is privately owned, unlike Solventum which is under a publicly traded parent company.
Healthcare PharmaceuticalsAvaility
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Availity is privately owned, unlike Solventum which is under a publicly traded parent company.
Healthcare PharmaceuticalsBenadryl
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American brand of antihistamine medication used to treat allergies, itching, and cold symptoms, manufactured and marketed by Johnson & Johnson.
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Benadryl is privately owned, unlike Solventum which is under a publicly traded parent company.
Healthcare PharmaceuticalsBoots
Owned by Walgreens Boots Alliance
Boots is the UK's leading pharmacy-led health and beauty retailer, founded in 1849, now operating as The Boots Group under Sycamore Partners since August 2025.
pharmacyhealth-beautyuk-retail
Privately Owned
Boots is privately owned, unlike Solventum which is under a publicly traded parent company.
Healthcare PharmaceuticalsDuane Reade
Owned by Walgreens Boots Alliance
Duane Reade is a New York City drugstore chain owned by Walgreen Co. under Sycamore Partners, operating approximately 90 stores across the five boroughs.
pharmacydrugstorenew-york
Privately Owned
Duane Reade is privately owned, unlike Solventum which is under a publicly traded parent company.
Solventum Corporation Stock Information
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