PHOTO COURTESY KATSA Twin Disc, Inc., has acquired Katsa OY, a Finnish manufacturer of power transmission and gearbox components in an all-cash transaction valued at $23 million.
In a statement, Twin Disc said the acquisition broadens its “global reach through further expansion in to growing European markets, while also adding complementary products to grow offerings in the industrial, marine and hybrid/electrification space.”
For the fiscal year ended Sept. 30, 2023, Katsa brought in approximately $35.88 million in revenues. Once fully integrated, the acquisition is expected to be accreditive to Twin Disc’s U.S. GAAP earnings within two years.
Katsa makes gearboxes and power transmission components to customer specifications and provides modeling, modernization, repairs and maintenance services.
