Veth Propulsion

Papendrecht, Netherlands Founded: 1951 • Age: 75 yrs Acquired By Twin Disc
Rudder propellers, bow thrusters, and propulsion systems are manufactured.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Veth Propulsion

Veth Propulsion is a company based in Papendrecht (Netherlands) founded in 1951 was acquired by Twin Disc in June 2018. It operates as a Direct-to-Consumer (D2C) and B2B2C. Veth Propulsion offers products and services including Azimuth Thrusters, Bow Thrusters, and ELITE Yacht Propulsion System.

  • Headquarter Papendrecht, Netherlands
  • Sectors
    Aerospace, Defense & Maritime
  • Email
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  • Phone
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  • Website
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  • Legal Name Veth Propulsion By Twin Disc
Operational Areas
Aerospace, Defense & Maritime → Maritime Manufacturing & Operations Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • 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 13, 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, and ELITE Yacht Propulsion System.

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Primary

Thrusters are provided for precise marine vessel maneuvering.

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Bow thrusters are offered for enhanced ship control.

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Custom yacht propulsion systems are designed for efficiency.

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.

All
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
Rudder propellers, bow thrusters, and propulsion systems are...
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 focused on the development and manufacturing of advanced marine propulsion systems. Solutions are provided for diverse maritime sectors including inland shipping, dredging, offshore, ferries, and mega yachts. A wide range of products such as azimuth thrusters, bow thrusters, and control systems are engineered and produced in-house. Emphasis is placed on sustainability and innovation, with offerings like electric and hybrid systems being integrated into their portfolio. Comprehensive services and tailored solutions are delivered to meet global customer needs in the maritime industry.

Veth Propulsion offers Azimuth Thrusters, Bow Thrusters, and ELITE Yacht Propulsion System.

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

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