Inactive Instrument

Renk Aktiengesellschaft

Equities

ZAR

DE0007850000

Industrial Machinery & Equipment

Renk GmbH Announces Board Changes

July 05, 2023 at 01:30 pm EDT

Renk GmbH announced the following directorate changes: the resignation of Niklas Beyes as a director of the company with effect from 02 June 2023; and the appointment of Christian Schulz as a director of the company with effect from 07 June 2023.

Latest news about Renk Aktiengesellschaft

Renk GmbH has completed an IPO in the amount of ?352.5 million.	23-10-04	CI
Renk IPO Aims for Market Cap of EUR 1.8 Billion	23-09-25	CI
Renk GmbH has filed an IPO in the amount of ?423 million.	23-09-25	CI
Renk Plans an Initial Public Offering on the Frankfurt Stock Exchange in the Year 2023	23-09-12	CI
Renk Reportedly Expects to Publish its Intention to Float on September 15	23-09-02	CI
Renk GmbH Announces Board Changes	23-07-05	CI
Renk Aktiengesellschaft (DB:ZAR) completed the acquisition of Combat Propulsion Systems and related businesses from L3Harris Technologies, Inc..	21-07-01	CI
L3Harris Technologies : to Sell Combat Propulsion Systems Unit to Renk for About $400 Million	21-03-01	DJ
Renk Aktiengesellschaft (DB:ZAR) signed definitive agreement to acquire Combat Propulsion Systems and related businesses from L3Harris Technologies, Inc. for approximately $400 million.	21-02-28	CI
Rebecca BidCo AG has Changed its Name to Renk Aktiengesellschaft	21-02-15	CI
RENK AG Appoints Swantje Conrad as a Member of the Supervisory Board and Chair of the Audit Committee	20-10-15	CI
Siemens in talks with buyout groups over Flender business -sources	20-10-14	RE
Triton Fund V L.P. of Triton agreed to acquire remaining 9.8% stake in Renk Aktiengesellschaft (DB:ZAR) for €70.5 million.	20-10-06	CI
Triton Fund V L.P., managed by Triton completed the acquisition of 76% stake in Renk Aktiengesellschaft (DB:ZAR) from Volkswagen Automobile Stuttgart GmbH.	20-10-05	CI
Triton Fund V L.P., managed by Triton completed the acquisition of 14.2% stake in Renk Aktiengesellschaft (DB:ZAR) for approximately €100 million.	20-10-05	CI
Babcock Announces Type 31 Supply Chain Contract Awards to Rolls-Royce Holdings plc, Renk Aktiengesellschaft, Man Energy Solutions SE, Blunox, Darchem Engineering Ltd. and Novenco A.S	20-04-20	CI
Volkswagen : Triton offers to buy Renk for 97.80 euros a share	20-01-30	RE
Triton Fund V L.P., managed by Triton signed a share purchase agreement to acquire 76% stake in Renk Aktiengesellschaft (DB:ZAR) from Volkswagen Automobile Stuttgart GmbH for approximately €520 million.	20-01-29	CI
Triton Fund V L.P., managed by Triton made an offer to acquire 24% stake in Renk Aktiengesellschaft (DB:ZAR).	20-01-29	CI
Sale of Renk, MAN Energy Solutions depends on buyer: Volkswagen labor chief	20-01-24	RE
Carlyle L P : Rheinmetall re-enters race for Volkswagen's Renk unit - sources	19-12-02	RE
Rheinmetall : Voith vie for Volkswagen's transmissions maker Renk - sources	19-09-25	RE
Rheinmetall, Voith Reportedly Vie for Renk	19-09-25	CI
Citigroup : Volkswagen's Renk first in line of potential divestitures - sources	19-06-04	RE
Renk Aktiengesellschaft (DB:ZAR) acquired Horstman Holdings Limited for €44.4 million.	19-04-16	CI

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Company Profile

Renk AG is a Germany-based manufacturer of specialty gears, components of propulsion technology and test systems. It diversifies its products and services into three divisions: Slide Bearings; Special Gear Units, and Standard Gear Units. The Slide Bearings division supplies hydrodynamic, lubricated slide bearings for electric motors, generators, pumps, blowers, water turbines, conveyors and marine applications. The Special Gear Units division supplies marine gear units for fast craft and naval applications with up to 80-MegaWatts (MW) power transmission capacity, as well as stationary gear units for wide-ranging industrial environments including the cement industry and energy production. The turbo gear units have capacity of up to 140 MW. The Standard Gear Units division encompasses large-gear production and specializes in marine gear units for merchant ships and supply vessels, among others, as well as manufactures gear units for turbine plants and couplings for industrial use.

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Industrial Machinery & Equipment

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