Twin Disc, Inc. completes acquisition of Kobelt Manufacturing Co. Ltd. to enhance its product portfolio
Acquiring Company
Twin Disc
Acquired Company
Kobelt Manufacturing Ltd
Description
Twin Disc, Inc. has successfully completed the $16.5 million acquisition of Kobelt Manufacturing Co. Ltd., expanding its international reach and diversifying its portfolio in the industrial and marine sectors. The acquisition is expected to enhance Twin Disc's product offering, enabling growth opportunities and partnerships through its global sales and service team.
Quick answer
Twin Disc is acquiring Kobelt Manufacturing Ltd, announced February 18, 2025. Twin Disc is based in Racine, Wisconsin, United States.
- How much did Twin Disc pay for Kobelt Manufacturing Ltd?
- The deal value was not disclosed.
- What does Twin Disc do?
- Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment.
- Where are Twin Disc and Kobelt Manufacturing Ltd based?
- Twin Disc is based in Racine, Wisconsin, United States. Kobelt Manufacturing Ltd is based in Surrey, British Columbia, Canada.
- Who are the decision-makers at Twin Disc?
- Fundz holds 1 contact at Twin Disc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Twin Disc, and when
When Twin Disc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Twin Disc raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Kobelt Manufacturing Ltd?
Kobelt Manufacturing Ltd was acquired by Twin Disc, based in Racine. The deal was reported on February 18, 2025. Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Twin Disc is publicly traded (TWIN) and operates in Manufacturing.
When did Twin Disc acquire Kobelt Manufacturing Ltd?
Twin Disc's acquisition of Kobelt Manufacturing Ltd was reported on February 18, 2025. Twin Disc, Inc. has successfully completed the $16.5 million acquisition of Kobelt Manufacturing Co. Ltd., expanding its international reach and diversifying its portfolio in the industrial and marine sectors. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kobelt Manufacturing Ltd do?
Kobelt Manufacturing Co. Ltd. is a Canadian-based manufacturing company with over 60 years of expertise in designing and producing high-quality products for the marine and industrial sectors. It is privately held, operating in Manufacturing, and is based in Surrey.
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