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Velan Inc T.VLN

Alternate Symbol(s):  VLNSF

Industrials Business Equipment
Velan Inc. is a Canada-based manufacturer of industrial valves. The Company designs, manufactures and markets on a worldwide basis a broad range of industrial valves for use in critical applications. It provides solutions to many sectors including power generation, nuclear, oil and gas, chemicals, LNG and cryogenics, pulp and paper, geothermal processes, shipbuilding, defense, and carbon-neutral technologies. Its product categories include quarter-turn valves; gate, globe, and check valves; cryogenic valves; HF acid valves; steam traps; bellows seal valves, and Velan ABV valves. Its service includes research and development, maintenance manuals (IOMs), spare parts and service center locations. Its quarter-turn valves include Memoryseal ball valves and VTP-2000 high performance three-piece ball valves. The Company's cryogenic valves include cast steel cryogenic valves and API 602 small forged cryogenic valves. The Company has manufacturing plants in approximately nine countries.


TSX:VLN - Post by User

Velan Inc
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  • mjh9413X
Comment by mjh9413on Sep 24, 2024 11:17pm
139 Views
Post# 36239601

RE:RE:More Takacsy

RE:RE:More TakacsyNot that small surely.  Flowserve, its suitor last year, is more than a one-trick pony with ~3.5x revs and has asbsestos related claims like Velan; apart from saying the backlog for NTM heralds sound rev opportunites to support sp positively, I have to ask "which company represents a likely suitor, if any, acceptable to the French" (the reasons for French decision were not apparent to me, so maybe the French might change their mind anyway.)  On the other hand, it possibly remains a deterrent to any propsective suitor.
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