Friday, August 24, 2012

Twin Disc buys Italian marine products companies - The Business Journal of Milwaukee:

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million in cash. BCS Group is based in Limitde sull' Arno, Italy, and has annual salea of about $29.2 million. BCS is comprised of , , and Vetud Italia S.r.l. Founded in by the Bini, Cecchi and Salvador i families, the BCS Group has grown to be a majorf supplier of hydraulic powersteering systems, bow hydraulic flaps, propeller shafts and related component s to the Italian yacht building industry, Twin Disc In 1977, the group became the distributor for of Shiedam, Under Twin Disc ownership, Vetus Italia S.r.l.
will continue to representg the Dutch company in theItalian market, Twin Disc Twin Disc chairman and chief executive officedr Michael Batten said the Italian marinew industry is the the second largest producerd of pleasure boats under 24 meters in length and the largesyt builder of mega-yachts in the world. The addition of BCS is expectec to result in additionak earnings for Twin Disc beginning infiscak 2007. Twin Disc (NASDAQ: TWIN) is a Racine-basesd manufacturer of heavy-duty off-highway power transmission equipment.

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