WebFeb 14, 2024 · Flowserve will also assume Velan’s $31.4 million of cash and cash equivalents, also as of November 30, 2024. The transaction is expected to close by the end of the second quarter of 2024. Founded in Montreal in 1950, Velan is a leading manufacturer of industrial valves with a strong presence in the nuclear, cryogenic and … WebFeb 13, 2024 · Flowserve FLS has entered into a definitive agreement to acquire Montreal-based industrial valves manufacturer, Velan, in an all-cash transaction valued at approximately $245 million (C$329...
Flowserve to acquire Velan in $245 million deal - power …
WebFeb 13, 2024 · Flowserve Corp., a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc., a leading manufacturer of highly engineered industrial valves, announced that they have entered into a definitive agreement under which Flowserve will acquire Velan in an all-cash transaction valued at … WebFeb 14, 2024 · Flowserve Corp. (Flowserve), a provider of flow control products and services for the global infrastructure markets, will acquire Velan Inc. (Velan), a … chinese new year 2023 ppt template
Flowserve to Acquire Velan in an All-cash Transaction Valued at
WebFeb 10, 2024 · Flowserve will also assume Velan’s $31.4 million of cash and cash equivalents. The transaction is expected to close by the end of the second quarter of 2024. WebFeb 10, 2024 · Flowserve will acquire Velan in an all cash transaction valued at approximately $245 million. The transaction meets Flowserve's disciplined financial … WebFeb 13, 2024 · Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc., a leading manufacturer of highly engineered industrial valves, announced that they have entered into a definitive agreement (the “Arrangement Agreement”) under which Flowserve will acquire Velan in … chinese new year 2023 philippines holiday