Velan Inc. is a global manufacturer of industrial valves based in Montréal, Canada, established in 1950. The company specializes in designing, manufacturing, and marketing a diverse range of valve products, including gate, globe, and check valves, quarter-turn valves, cryogenic valves, and steam traps. Velan's products cater to critical industrial sectors such as power generation, oil and gas, refining, petrochemicals, pulp and paper, mining, and marine applications. The company offers one of the most comprehensive valve product lines available, with sizes ranging from ½ inch to 60 inches and pressure ratings exceeding 10,000 psi. Velan is recognized for its commitment to quality and innovation, incorporating environmentally friendly features and ensuring reliable performance across its offerings. The company has a strong presence in the nuclear industry, supplying valves to numerous nuclear power stations worldwide, and is actively engaged in the global revival of nuclear energy. Velan's products are distributed through independent third-party distributors and sales agents across various regions, including North America and Europe.
ABV Energy S.p.A. (www.abvenergy.com) is a manufacturer of specialized valves, actuators and control systems and had sales of € 36.4 million in its last fiscal year. The company employs approximately 120 people and has two manufacturing plants in Lucca, Italy.
Alstom-Velan
Acquisition in 1999
Alstom-Velan manufactures highly sophisticated industrial valves for the energy sector, including electric power and cryogenics, as well as control valves for severe services. The Company has strong design and R&D capabilities to develop valves for special applications such as liquid hydrogen supply for the launching of the European rocket, ARIANE, or extreme liquid helium circuit applications used in particle accelerators at CERN, Geneva.
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