Twin disc, inc. signs definitive agreement to acquire katsa oy

Milwaukee, march 06, 2024 (globe newswire) -- twin disc, inc. (nasdaq: twin), announced today that it has entered into a definitive agreement to acquire 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 transaction is expected to close in the first half of calendar year 2024, subject to customary closing conditions, including regulatory approval.
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