# Flowserve to acquire industrial valve maker Velan for about $329 million

Flowserve agreed to acquire industrial valve maker Velan for approximately $329 million, as announced on 14 February 2023.

- Type: Acquisition
- Announced: 2023-02-14
- Value: $329.0M
- Status: announced
- Products: industrial valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Velan](https://endata.com/companies/441.md) (target)
- [Flowserve](https://endata.com/companies/911.md) (acquirer)

## Sources

- [cpecn.com](https://www.cpecn.com/tag/acquisition/), 2024-02-15: "Flowserve to acquire industrial valve maker Velan for approximately $329 million"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.