Ukrainian titanium producer Velta is entering a new phase of development after its owner, businessman Andriy Brodsky, agreed in early 2026 to sell the company to U.S.-based investment group CRML in what market sources describe as a “survival and relaunch” transaction.
The deal is designed to secure fresh capital and reposition the company within global titanium supply chains. Under the agreement, Velta is expected to strengthen integration with major Western industrial partners and expand its footprint in the international titanium market.
As part of its transformation strategy, Velta signed an agreement with European Lithium and initiated a due diligence process, a key step before further structural decisions are taken. Following the audit, the partners may consider spinning off Velta as a standalone entity and pursuing a listing on the NASDAQ stock exchange in the United States.
A NASDAQ listing would provide access to one of the world’s deepest pools of technology-focused capital and could support large-scale fundraising. The company intends to channel new investment into building a metallic titanium plant based on its proprietary technology, as well as expanding research and development capabilities.
Industry observers say the transaction opens new financing pathways and positions Velta to evolve into a vertically integrated titanium player with advanced technological expertise. The strategy also includes investment in in-house power generation to lower operating costs and improve efficiency.
If completed, a U.S. stock market listing would mark one of the most notable Ukrainian M&A developments in the post-2022 period, highlighting the ability of export-oriented, high-tech manufacturers to attract Western investment despite challenging market conditions.
The transaction signals more than a change in ownership, potentially marking a broader reset for Ukraine’s titanium industry and its integration into global supply chains.
