Twin Disc, Inc. Completes Acquisition of Katsa Oy
TWINTwin Disc(TWIN) Newsfilter·2024-05-31 20:00

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 ...