Predict your next investment

Corporation
twindisc.com

See what CB Insights has to offer

Partners & Customers

3

Service Providers

1

About Twin Disc

Twin Disc is a designer, manufacturer and seller of marine and heavy-duty off-highway power transmission equipment. Products offered include: marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and control systems. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets.

Twin Disc Headquarter Location

1328 Racine Street

Racine, Wisconsin, 53403,

United States

262-638-4000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Twin Disc News

Great Lakes Power to Represent Veth Propulsion by Twin Disc in the Eastern United States

Sep 1, 2021

Great Lakes Power now offers Veth’s azimuth rudder propellers, thrusters and marine electronics across the Eastern United States. Mentor, OH – WEBWIRE – Wednesday, September 1, 2021 Great Lakes Power “Great Lakes Power is excited to expand our nearly 50-year relationship with Twin Disc by supporting sales and service of Veth Propulsion products,” said Harry Allen III, Vice President of Great Lakes Power. “Veth adds additional highly engineered propulsion and thruster solutions for our existing customer base and new target accounts.”    Veth Propulsion has a long history of successful installations of its innovative products in commercial vessels, both inland and offshore, as well as in pleasure craft and military vessels. The company engineers and manufactures azimuth rudder propellers, thrusters and marine electronics, and is a supplier and servicer of diesel engines and generator sets. Since 1951, its quality equipment has been widely respected by shipyards and naval architects worldwide. The company was acquired by Twin Disc, Inc. in 2018 and continues to expand its worldwide sales and service network. Great Lakes Power is a Distribution, Manufacturing, Engineering and Service Company headquartered in Mentor Ohio with 12 full service locations located in 8 states. Great Lakes Power specializes in industrial powertrains, marine propulsion, specialty material handling equipment and transmission test benches. Great Lakes Power’s success lies in its strength to solve customer problems competently and professionally. For over 48 years, we have added value to our customers’ needs by providing the best power transmission and drive train products, parts and services in the industry.

Twin Disc Acquisitions

1 Acquisition

Twin Disc acquired 1 company. Their latest acquisition was Veth Propulsion on June 13, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/13/2018

$991

Acquired

2

Date

6/13/2018

Investment Stage

Companies

Valuation

$991

Total Funding

Note

Acquired

Sources

2

Twin Disc Partners & Customers

3 Partners and customers

Twin Disc has 3 strategic partners and customers. Twin Disc recently partnered with Concordia Damen on January 1, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

1/11/2021

Client

Concordia Damen

Netherlands

Veth Propulsion Selected As Bow Thruster Supplier For Concordia Damen VETH PROPULSION SELECTED AS BOW THRUSTER SUPPLIER FOR CONCORDIA DAMEN. Veth Propulsion delivers 40 Steering Grids to Concordia Damen for Parsifal LNG tankers.

`` Veth Propulsion ultimately turned out to be the most interesting and best suited partner for this project , '' said Tim van Berchum , Financial Manager of Concordia Damen .

1

7/17/2020

Client

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

5/2/2019

Vendor

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

1/11/2021

7/17/2020

5/2/2019

Type

Client

Client

Vendor

Business Partner

Concordia Damen

Country

Netherlands

Subscribe to see more

Subscribe to see more

News Snippet

Veth Propulsion Selected As Bow Thruster Supplier For Concordia Damen VETH PROPULSION SELECTED AS BOW THRUSTER SUPPLIER FOR CONCORDIA DAMEN. Veth Propulsion delivers 40 Steering Grids to Concordia Damen for Parsifal LNG tankers.

`` Veth Propulsion ultimately turned out to be the most interesting and best suited partner for this project , '' said Tim van Berchum , Financial Manager of Concordia Damen .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Twin Disc Service Providers

1 Service Provider

Twin Disc has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.