Veth Propulsion

Papendrecht, Netherlands Founded: 1951 • Age: 75 yrs Acquired By Twin Disc
Propulsion systems and equipment for ships are manufactured.

About Veth Propulsion

Veth Propulsion is an Industrial Goods & Manufacturing company based in Papendrecht (Netherlands) founded in 1951 by Cornelis Veth, and was acquired by Twin Disc in June 2018. Propulsion systems and equipment for ships are manufactured. It operates on a Product-as-a-Service and Direct-to-Consumer (D2C) model. Veth Propulsion offers products and services including Azimuth Thrusters, Bow Thrusters, ELITEâ„¢ Yacht Propulsion Series, and Hybrid & Electric Systems. Its focus areas include Industrial Goods, Machinery and Marine Equipment. Its legal entity is Veth Propulsion by Twin Disc.

Company details

Veth Propulsion, part of Twin Disc Inc. since 2018, is specialized in the design and production of advanced marine propulsion and auxiliary systems. Solutions are offered for commercial, patrol, leisure, and high-speed vessels, as well as for on-land applications across sectors like firefighting, construction, agriculture, and mining. Sustainable innovations such as hybrid and fully electric systems are developed to meet modern environmental demands. A wide range of products, including azimuth thrusters, bow thrusters, and control systems, are engineered and manufactured in-house to ensure quality and customization for diverse maritime needs.

  • Headquarters Papendrecht, Netherlands
  • Founders Cornelis Veth
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website veth.net
  • Social LinkedIn X Facebook YouTube
  • Acquired by Twin Disc (Jun 2018)
  • Legal Name Veth Propulsion By Twin Disc
Key Metrics

Products & Services of Veth Propulsion

Veth Propulsion offers a comprehensive portfolio of products and services, including Azimuth Thrusters, Bow Thrusters, ELITE™ Yacht Propulsion Series, and Hybrid & Electric Systems.

Azimuth Thrusters
Marine Propulsion

Thrusters are designed for 360-degree directional marine propulsion.

Bow Thrusters
Marine Propulsion

Bow thrusters are built for enhanced ship maneuverability.

ELITE™ Yacht Propulsion Series
Marine Propulsion

Yacht propulsion systems are crafted for versatility and innovation.

Hybrid & Electric Systems
Sustainable Solutions

Hybrid systems are developed for sustainable marine propulsion.

Apps and channels of Veth Propulsion

its YouTube channel Twin Disc, Inc. has 860 subscribers and 30 videos.

Twin Disc, Inc.
YouTube 860 subscribers 30 videos Autos & Vehicles
Open channel

Videos from Veth Propulsion

The most watched videos on Veth Propulsion's YouTube channel, Twin Disc, Inc. (860 subscribers). Click a video to play it here.

QuickShift - Stop Slamming and Start Sliding into Gear
12.5K views
Marine Control Drives Product Animation
3.9K views
Express Joystick System and Express Positioning by Twin Disc
3.2K views
Understanding Electric Hybrid System Modes
1.6K views

More on Twin Disc, Inc..

Investors in Veth Propulsion

Veth Propulsion has secured backing from 1 investor. Prominent investors backing the company include Twin Disc.

All
InvestorDescriptionFounded YearDomainLocation
Power transmission equipment is manufactured and distributed globally.
1918twindisc.comRacine, United States
Premium access

Investor details for Veth Propulsion

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Veth Propulsion

1 people are tracked at Veth Propulsion (1 in leadership).

NameRoleGroup
Cornelis Veth
FounderLeadership
Premium access

Complete people profiles for Veth Propulsion

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Veth Propulsion

2 dated milestones of Veth Propulsion across 67 years, from founding to its latest funding, stage changes and deals.

  1. Founded Veth Propulsion is founded.
  2. Exit Acquired by Twin Disc.
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Frequently Asked Questions about Veth Propulsion

Veth Propulsion was founded in 1951.

Veth Propulsion is headquartered in Papendrecht, Netherlands. It is registered at Papendrecht, South Holland, Netherlands.

Veth Propulsion, part of Twin Disc Inc. since 2018, is specialized in the design and production of advanced marine propulsion and auxiliary systems. Solutions are offered for commercial, patrol, leisure, and high-speed vessels, as well as for on-land applications across sectors like firefighting, construction, agriculture, and mining. Sustainable innovations such as hybrid and fully electric systems are developed to meet modern environmental demands. A wide range of products, including azimuth thrusters, bow thrusters, and control systems, are engineered and manufactured in-house to ensure quality and customization for diverse maritime needs.

Veth Propulsion offers Azimuth Thrusters, Bow Thrusters, ELITEâ„¢ Yacht Propulsion Series, and Hybrid & Electric Systems.

Veth Propulsion has 1 investor. Key investors include Twin Disc.

Veth Propulsion operates through Veth Propulsion By Twin Disc.

Yes. Veth Propulsion was acquired by Twin Disc in June 2018.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available