Twin Disc, Inc. Completes Acquisition of Katsa Oy
Twin DiscTwin Disc(US:TWIN) Newsfilter·2024-05-31 12:00

MILWAUKEE, May 31, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ:TWIN) announced today that it has completed the previously announced acquisition of Katsa Oy ("Katsa"), a leading European manufacturer of high-quality power transmission components and gearboxes, in an all-cash transaction valued at €21 million (approximately $23 million). The acquisition of Katsa broadens Twin Disc's global reach through further expansion into growing European markets, while also adding complementary products to grow offe ...

Twin Disc, Inc. Completes Acquisition of Katsa Oy - Reportify