OXE MARINE announces collaboration with HUMPHREE

OXE Marine, the pioneer of the world’s first high-performance diesel outboard, is pleased to announce a collaboration with Humphree, a renowned provider of trim and stabilization systems. This partnership introduces Humphree's “Lightning” interceptor models as a trim and stabilization system within OXE Marine's accessories range.

 

 

Humphree's Lightning interceptors are a perfect compliment to OXE Marine's robust and high-end diesel outboards, enhancing hull performance and enabling further improvements on fuel efficiency. The compact, durable units feature adjustable blades that extend vertically into the water, allowing for rapid and precise adjustments. This design minimizes water resistance, contributing to fuel savings and reduced CO₂ emissions. The Humphree Lightning Interceptors enhance vessel stability, getting on plain quicker by reducing pitch and roll, ensuring a smoother, safer experience for crew and passengers. Compatible with the full OXE product range, these systems can be easily retrofitted to existing installations or added to new ones.

"This collaboration is in line with OXE Marine’s strategy to deliver complete solutions to our end customers and adds to our existing range of marine accessories” says Mirel Bikic, Parts & Accessories Manager of OXE Marine.

“We look forward to contributing to and further improving the fuel efficiency of an OXE installation, while simultaneously achieving the benefits of increased speed, enhanced stability and comfort, and reduced environmental impact,” says Henrik Hartman, Business Development Commercial at Humphree.

The partnership between OXE Marine and Humphree is set to strengthen OXE Marine’s position as a innovator in the marine industry, providing customers and boat builders with solutions that enhance fuel efficiency and performance.


At MOTOCRAFT SA we are proud dealers of OΧE diesel outboard engines and Humphree Lightning trim and stabilization systems. We have carried out many installations of both products on various types of boats, and we are confident in the success of this partnership.

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80th Anniversary of D-Day and TWIN DISC's Role

As we commemorate the 80th anniversary of D-Day, we reflect on the pivotal moments that shaped history and their critical importance in our evolution.

 

 

The words of the allied leaders to the troops of freedom in 1944 remain as contemporary today as were then:  “…The elimination of … tyranny over the oppressed people… security in a free world…..the hopes and prayers of liberty-loving people march with you…”

D-Day, June 6, 1944, marked the turning point of World War II. In the background of this tremendous effort by the allied united nations was detailed planning as well as advanced equipment and machinery.

TWIN DISC was one of the key contributors in this historic event, providing essential technology critical for the success of the allied invasion.

TWIN DISC transmissions utilized in landing craft and other vessels which transported troops, vehicles, and supplies to the Normandy beaches ensured the operational aspects of the mission.

 

The legacy of TWIN DISC's involvement in D-Day extends beyond this single event. Their continued innovations in transmission and propulsion systems have set industry standards, reinforcing TWIN DISC's reputation for reliability and performance. As we honor this milestone, we also celebrate the enduring impact of those contributions.

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ATMOS selected as a 2024 Top Product

ATMOS has been selected as a 2024 Top Product, by Boating Industry.
In order for Scanstrut to have been eligible for consideration, our products and services had to have been introduced or significantly updated since January 2023. 

 

"ATMOS represents a paradigm shift in marine air pumps“ Boating Industry Top Products 2024, May 2024 issue. 

Scanstrut had to differentiate themselves from a large group of submissions for their impact on the industry, innovations, and how they advanced the product category and created a new segment of its own.

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TWIN DISC, INC. SIGNS DEFINITIVE AGREEMENT TO ACQUIRE KATSA OY

MILWAUKEE, Wis., March 6, 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.

Founded in 1955 and headquartered in Tampere, Finland, Katsa designs and manufactures custom-designed gearboxes and power transmission components which meet high-quality requirements for industrial and marine end-markets for a broad range of end market applications. Katsa also provides a wide range of after-sales services, including spare part deliveries, reverse engineering, gearbox, refurbishment, and modernizations.

The acquisition of Katsa Oy will broaden Twin Disc’s global reach through further expansion into growing European markets, while also adding complementary products to grow offerings in the industrial, marine and hybrid/electrification space.

Strategic Fit of Katsa with Twin Disc:

  • Enables expansion into new European markets while generating ample cross-selling opportunities through existing customer base
  • Twin Disc’s global sales and service network will allow for growth in Katsa sales outside their current markets
  • Diversifies and enhances offerings within Twin Disc’s Industrial product line, also adding new content for hybrid and electrification applications
  • Creates substantial commercial, manufacturing, and purchasing synergies, anticipated to be accretive to earnings per share within 24 months


“Katsa Oy is a well-established business with a solid reputation for quality in addition to its strong in-house manufacturing and engineering capabilities. This acquisition is an excellent opportunity to expand Twin Disc’s global presence, leveraging Katsa’s longstanding relationships with leading European OEMs to introduce our portfolio into new, growing markets,” stated John H. Batten, President and CEO of Twin Disc. “We look forward to welcoming the Katsa team to Twin Disc and are confident in our ability to work together to drive sustained growth while solidifying our position as a leading provider of hybrid and electrification solutions.”

“We are excited to join another well-known company like Twin Disc which can provide synergies and new products to create new growth opportunities for Katsa. I look forward to continuing to lead the Katsa operation after the completion of the transaction and expanding our partnership with our loyal customers to position the business for long-term success under the Twin Disc brand,” stated Tomi Koskinen, CEO of Katsa Oy.

For the fiscal year ended September 30, 2023, Katsa delivered approximately €33 million of revenue. The acquisition is expected to be accretive to Twin Disc’s U.S. GAAP earnings within twenty-four months.

About Twin Disc

Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered include marine transmissions, azimuth drives, 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. The Company’s worldwide sales to both domestic and foreign customers are transacted through a direct sales force and a distributor network. For more information, please visit www.twindisc.com

About Katsa Oy

Katsa designs and manufactures gearboxes and power transmission components which are tailored to meet the customer’s demands. For end users, Katsa provides modelling, modernization, gearbox repair and maintenance services as well as spare parts. For more information, please visit www.katsa.fi/en/frontpage/.

Forward-Looking Statements

This press release may contain statements that are forward looking as defined by the Securities and Exchange Commission in its rules, regulations and releases. The words “anticipates,” “believes,” “intends,” “estimates,” and “expects,” or similar anticipatory expressions, usually identify forward-looking statements. The Company intends that such forward-looking statements qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. All forward-looking statements are based on current expectations and are subject to certain risks and uncertainties that could cause actual results or outcomes to differ materially from current expectations. Such risks and uncertainties include the impact of general economic conditions and the cyclical nature of many of the Company’s product markets; foreign currency risks and other risks associated with the Company’s international sales and operations; the ability of the Company to successfully implement price increases to offset increasing commodity costs; the ability of the Company to generate sufficient cash to pay its indebtedness as it becomes due; and the possibility of unforeseen tax consequences
and the impact of tax reform in the U.S. or other jurisdictions. These and other risks are described under the caption “Risk Factors” in Item 1A of the Company’s most recent Form 10-K filed with the Securities and Exchange Commission, as supplemented in subsequent periodic reports filed with the Securities and Exchange Commission. Accordingly, the making of such statements should not be regarded as a representation by the Company or any other person that the results expressed therein will be achieved. The Company assumes no obligation, and disclaims any obligation, to publicly update or revise any forward-looking statements to reflect subsequent events, new information, or otherwise.

Investors:
Riveron
TwinDiscIR@riveron.com

Source: Twin Disc Incorporated

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Seakeeper introduces Seakeeper 10.5 and Seakeeper 14 at the boot Düsseldorf 2024

Introducing Seakeeper's latest breakthrough in marine motion control technology, the Seakeeper 10.5 and Seakeeper 14 for boats 50-68 ft. (15.2-20.7 m).

 

 

Equipped with Seakeeper's latest engineering advancements, they feature an innovative asymmetric flywheel design for reduced height and optimized performance, a space-saving single-cylinder brake system with enhanced reliability, and corrosion-resistant components. These units redefine efficiency and durability and mark a pivotal advancement in Seakeeper's quest to provide the most stabilization in a smaller package.

Learn more about the newest members of Seakeeper's stable family:
💻 https://motocraft.gr/el/brands/seakeeper
📧 motocraft@motocraft.gr
📞 210 98 88 288

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