Ukrainian titanium company Velta, which has spent over two decades building its business in titanium raw materials and components, is entering one of the most important transitions in its history. In early 2026, its owner, businessman Andriy Brodsky, agreed to the sale of the company to U.S.-based investment group CRML under a transaction informally referred to as a “survival and relaunch deal.”
The move forms part of a broader strategy to relaunch the business and attract new capital for large-scale expansion. Under the terms of the agreement, Velta is expected to strengthen its position in the global titanium market, including integration into the production supply chains of major Western partners.
Transformation and Growth Plans
Following the signing of an agreement with European Lithium, the company initiated a due diligence process, a standard prerequisite for further structural steps. Upon completion of the audit, the partners may decide to spin off Velta as a standalone unit and pursue a listing on the NASDAQ stock exchange in the United States.
Such a step would enable the company to raise substantial funding to implement its ambitious plans, including the construction of a new metallic titanium plant based on its proprietary technology and the expansion of its R&D capabilities.
Notably, the reference is specifically to NASDAQ — the world’s largest technology-focused exchange — rather than alternative platforms. A listing would provide access to a deep pool of investors and the potential for significant capitalization growth.
What Stands Behind the Deal
According to market participants, the transaction not only opens new financing channels but also lays the groundwork for transforming the Ukrainian titanium producer into a global player with advanced technological competencies.
Part of the strategy includes investment in in-house power generation to reduce production costs and enhance operational efficiency.
Outlook
A successful NASDAQ listing could become one of the most significant Ukrainian M&A cases in the challenging years following 2022, demonstrating that companies with high-tech products and export orientation can attract Western investors and access global capital markets.
Overall, the Velta transaction represents not merely a change of ownership, but potentially the beginning of a new phase for Ukraine’s titanium industry.
