Veth Propulsion

Papendrecht, Netherlands Founded: 1951 • Age: 75 yrs Acquired By Twin Disc
Propulsion systems and equipment for ships are manufactured.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Veth Propulsion

Veth Propulsion is a company based in Papendrecht (Netherlands) founded in 1951 by Cornelis Veth was acquired by Twin Disc in June 2018. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Veth Propulsion offers products and services including Azimuth Thrusters, Bow Thrusters, ELITE™ Yacht Propulsion Series, and Hybrid & Electric Systems.

  • Headquarter Papendrecht, Netherlands
  • Founders Cornelis Veth
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Legal Name Veth Propulsion By Twin Disc
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Twin Disc

    (Jun 18, 2018)

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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.

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Primary

Thrusters are designed for 360-degree directional marine propulsion.

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Bow thrusters are built for enhanced ship maneuverability.

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Yacht propulsion systems are crafted for versatility and innovation.

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Hybrid systems are developed for sustainable marine propulsion.

Funding Insights of Veth Propulsion

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Investors in Veth Propulsion

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

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Investor Description Founded Year Domain Location
Power transmission equipment is manufactured and distributed globally.
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Investor details for Veth Propulsion

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Investments & Acquisitions by Veth Propulsion

Investments
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Investment portfolio details for Veth Propulsion

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Financial Statements - Veth Propulsion

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Detailed financials for Veth Propulsion

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Veth Propulsion Comparisons

Veth Propulsion Primary company
Description
Propulsion systems and equipment for ships are manufactured.
Location
Papendrecht, Netherlands
Founded Year
1951
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Veth Propulsion

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Competitors of Veth Propulsion

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Detailed competitors of Veth Propulsion

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Latest news on Veth Propulsion

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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, ELITE™ Yacht Propulsion Series, and Hybrid & Electric Systems.

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

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