Ownership of Velan Inc. transitioned through strategic corporate transactions featuring acquisition agreements with Flowserve Corporation alongside controlling equity investments from Birch Hill Equity Partners, which acquired multi-voting shares from founding family trusts and associated stakeholders. These corporate maneuvers were structured to integrate global valve manufacturing operations, enhance supply chain synergies, and expand technical capabilities across severe-service industrial markets. Under private equity and corporate backing, the enterprise continues to operate globally while leveraging the extensive resources of its parent and partner networks.