M&A
confidence high
sentiment positive
materiality 0.60
Twin Disc completes €21M acquisition of Finland-based Katsa Oy
TWIN DISC INC
- TD Finland paid €23,081,520 at closing (€21M base plus adjustments) for all Katsa shares.
- Katsa manufactures power transmission components and gearboxes for industrial and marine markets.
- Katsa delivered approx. €33M revenue for fiscal year ended September 30, 2023.
- Acquisition expected to be accretive to Twin Disc's GAAP earnings within 24 months.