Birch Hill Equity Partners has agreed to acquire 15.6 million multiple voting shares and one subordinate voting share of Velan, a manufacturer of industrial valves, from the Velan family.

Adjusted EBITDA of $16.7 million, compared to $23.9 million last year.

MONTREAL, July 08, 2024 (GLOBE NEWSWIRE) -- Bruce Power has signed a $50-million alliance agreement with Velan Inc. (VLN:CA) to provide valves and valve support over the next 10 years. As Bruce Power ...

Accelerates Flowserve’s 3D Strategy and provides meaningful aftermarket revenues Velan brings a highly complementary valve portfolio to Flowserve’s FCD segment Transaction expected to be accretive to ...

MONTREAL, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Velan Inc. has been awarded a valve order exceeding $20 million CAD from Ontario Power Generation (OPG) to supply Emergency Cooling Injection (ECI) valves ...

Flowserve (NYSE:FLS) said Friday it agreed to acquire Velan (OTCPK:VLNSF), a Canadian manufacturer of industrial valves, in a deal valued at $245M, including the purchase of all issued and outstanding ...

A French subsidiary of Canada's Velan has recently been awarded contracts worth a total $16.2 million for the supply of valves for Chinese nuclear power reactors. Following earlier selection by China ...