Velan Inc. (TSX:VLN)
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.

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 |