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Added to YB: 2025-03-26

Pitch date: 2025-03-25

VLN.TO [neutral]

Velan Inc.

+0.24%

current return

Author Info

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Company Info

Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.

Market Cap

CAD 213.7M

Pitch Price

CAD 16.16

Price Target

N/A

Dividend

0.81%

EV/EBITDA

4.02

P/E

-4.45

EV/Sales

0.53

Sector

Machinery

Category

special_situation

Show full summary:
Updates On: Velan Inc.

VLN.TO (update): Shareholders approved sale of French division to Framatome for $201.1M, covering asbestos liability. Deal expected to close in weeks. Company sale process to follow. 100% approval from all shareholders, MVS & SVS holders. Awaiting definitive share purchase agreement and closing conditions.

Read full article (2 min)