Twin Disc buys Dutch marine propulsion company
June 14, 2018 at 10:51 AM EDT
Twin Disc Inc. will purchase Veth Propulsion Holding B.V. for about $58.6 million in cash, with potential adjustments based on Veth's capital at the time of closing and an additional $3.9 million in Twin Disc common stock could be included based on earn-out provisions.
