Velan shareholders approve sale of French business to Framatome

Velan shareholders approved the sale of Velan's French subsidiaries Segault and Velan S.A.S. to Framatome for €170 million (US$177.6 million), with total consideration of US$201.1 million including an intercompany loan.

“the proposed sale by the Company's U.K. direct wholly-owned subsidiary, Velan Valves Limited, of its direct French wholly-owned subsidiaries”newswire.ca

• 5 sources
• newswire.caVELAN SHAREHOLDERS APPROVE THE SALE OF VELAN'S FRENCH BUSINESSMar 20, 2025
• framatome.comFramatome acquires Velan SAS and creates a valves product lineMar 30, 2025
• framatome.comFramatome and TechnicAtome announce the acquisition of Segault SASMar 30, 2025
• technicatome.comFramatome and TechnicAtome bought Segault SAS • TechnicAtomeMar 31, 2025
• neimagazine.comFramatome & TechnicAtome expand valve portfolio - Nuclear Engineering InternationalApr 1, 2025

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