Veljan Denison has acquired the 100% shareholding in Adan Holdings, United Kingdom on August 3, 2022 and Adan Holdings will continue as wholly owned subsidiary of Veljan Denson. This acquisition will improve the company’s market in Europe. Earlier, the company had signed the share purchase agreement to acquire the 100% shareholding in Adan Holdings.
Veljan Denison is an industrial manufacturer and services hydraulic fluid power systems and components.