Bulletin Updates

Flowserve to takeover Velan – 16 Feb 2023

Feb 16, 2023

A definitive agreement has been reached between Flowserve, a provider of flow control products and services for the global infrastructure markets, and Velan, a producer of highly-engineered industrial valves, under which Flowserve will acquire Velan in an all-cash deal valued at roughly US$245 million.

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