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Velan

#7795

Rank

$255.51M

Marketcap

CA Canada

Country

Velan
Leadership team

Mr. Bruno Carbonaro (CEO, Pres, Acting Exec. VP, GM of Project & Director)

Ms. Sabine Bruckert (Exec. VP of HR, Gen. Counsel & Corp. Sec.)

Mr. John D. Ball (Exec. VP of Global Fin.)

Products/ Services
Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Montréal, Quebec, Canada
Established
1950
Revenue
100M - 500M
Traded as
VLN.TO
Overview
Location
Summary
Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada.
History

Velan, Inc. was founded in Montreal, Canada in 1950 by the Di Maria family. Velan has grown to become the world's largest independent industrial valve supplier, with operations in over 20 countries, sales offices around the world, and more than 4,000 employees.

Mission
Velan's mission is to be the global leader for industrial valving and related services and products, through continual innovation, superior quality and superior customer service.
Vision
Velan's vision is to continue to lead the industry in innovation, quality and customer service, delivering value and solutions to our customers.
Key Team

Mr. Duke Tran (Exec. VP & GM of Severe Service)

Mr. Shane Velan (Chief Information Officer)

Mr. Rishi Sharma (Chief Financial Officer)

Mr. Paul Poirier (Chief Operations Officer of North America)

Mr. Paul Dion (Sr. Vice-Pres of Sales, Process Industries)

Mr. A. Karel Velan (Founder and Chairman Emeritus)

Mr. Daniel Velan (Vice-Pres of Marketing)

Recognition and Awards
Velan has been the proud recipient of a number of awards and recognitions, including the 2017 Canadian Business Awards, 2018 American Innovation Award, and 2018 Top 10 Manufacturer of the Year.
References

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Velan
Leadership team

Mr. Bruno Carbonaro (CEO, Pres, Acting Exec. VP, GM of Project & Director)

Ms. Sabine Bruckert (Exec. VP of HR, Gen. Counsel & Corp. Sec.)

Mr. John D. Ball (Exec. VP of Global Fin.)

Products/ Services
Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Montréal, Quebec, Canada
Established
1950
Revenue
100M - 500M
Traded as
VLN.TO