Baker McKenzie advised Flowserve Corporation in its definitive agreement to acquire Velan in an all-cash transaction valued at approximately $245 million, including the purchase of all issued and outstanding equity, the assumption of debt and other assets.

Led by M&A Partner John Quattrocchi in Dallas, the Baker McKenzie team included Toronto Transactional Partners Nancy Hamzo and David Palumbo, among others.

Baker McKenzie is a transactional powerhouse, with more than 2,500 deal practitioners in 45 countries offering leading expertise in the areas most critical for our clients. We excel in complex transactions and cross-border deals – over 65% of our deals are multi-jurisdictional. We are global and local, combining money-market sophistication with local excellence.

Learn more on Flowserve Corporation’s website


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