Velan - Ownership and Business Overview

ManufacturingCompany

Velan Ownership

Who owns Velan?

Velan is owned by Flowserve. It was acquired on February 10, 2023.

Velan Business Overview

Where is Velan headquartered?

Velan is headquartered in Montreal, Quebec.

What is Velan’s revenue?

Velan disclosed revenue of 380M USD for 2022 and 411M CAD for 2022.

What sector is Velan in?

Velan is a manufacturing company.

When was Velan founded?

Velan was founded in 1950.

Manufacturing M&A Summary in 2023

Out of 60 sectors in the Mergr database, manufacturing ranked 7 in number of deals in 2023. The largest manufacturing acquisition in 2023 was Arconic - which was acquired by Apollo Global Management for $5.2B.

Join Mergr to view all 269 acquisitions of manufacturing companies in 2023, including 55 acquisitions by private equity firms, and 214 by strategics.

Velan

Velan, Inc.

7007 Cote de Liesse,
Montreal, Quebec H4T 1G2
Canada,
(514) 748-7743
www.velan.com

Velan is a manufacturer of industrial valves with a strong presence in the nuclear, cryogenic and defense markets. Velan was formed in 1950 and is based in Montreal, Quebec.


Company Summary

SECTOR

Manufacturing

Established

1950

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