Velan Inc. (TSX:VLN)

Canada flag Canada · Delayed Price · Currency is CAD
13.85
-0.15 (-1.07%)
Jun 25, 2025, 3:59 PM EDT

Velan Company Description

Velan Inc. designs, manufactures, and markets industrial valves worldwide.

The company offers quarter-turn valves; gate, globe, and check valves; API 600 cast steel gate, globe, and check valves; corrosion-resistant steel gate, globe, and check valves; API 602 small forged gate, globe, and check valves; API 6D/API 6A through conduit and double expanding gate valves; large forged pressure seal and bolted bonnet gate, globe, and check valves; y-pattern valves; Proquip dual-plate check valves; API 6D/API 6A non slam and swing check valves; quarter-turn valves; resilient-seated ball valves; Securaseal metal-seated ball valves; Coker ball valves; API 6D/API 6A pipeline ball valves; modular double block and bleed ball valves; Torqseal triple-offset butterfly valves; and other products.

It also provides bimetallic steam traps, trap stations, and manifolds; engineering solutions; cable drive actuators; and other products.

The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981.

The company was founded in 1950 and is headquartered in Montreal, Canada. Velan Inc. is a subsidiary of Velan Holding Co. Ltd.

Velan Inc.
Velan logo
Country Canada
Founded 1950
Industry Specialty Industrial Machinery
Sector Industrials
Employees 1,664
CEO James Mannebach

Contact Details

Address:
7007 Cote de Liesse
Montreal, QC H4T 1G2
Canada
Phone 514 748 7743
Website velan.com

Stock Details

Ticker Symbol VLN
Exchange Toronto Stock Exchange
Fiscal Year March - February
Reporting Currency USD
ISIN Number CA9229321083
SIC Code 3490

Key Executives

Name Position
Luca Marianetti Chief Executive Officer of Velan ABV SPA and President of Velan ABV SPA
Rishi Sharma Chief Financial and Administrative Officer
Laurent Pefferkorn Executive Vice President of Global Sales
Duke Tran Executive Vice President of Product Innovation and Technology
A. Karel Velan Founder and Chairman Emeritus
Shane Velan Chief Information Officer
Daniel Velan Vice-President of Marketing
John D. Ball Executive Vice President of Global Finance
Frédéric Segault President of Segault SAS
Liam Turner Vice President of Legal Services and Corporate Secretary