Twin Disc, Inc. Announces Acquisition of Kobelt

MILWAUKEE, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), a global leader in power transmission technology for marine and land-based applications, announced today the successful completion of its $16.5 million acquisition of Kobelt Manufacturing Co. Ltd. (“Kobelt”), a Canadian company based in British Columbia that specializes in brake, control and steering systems for industrial and marine end markets.

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