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At a glance
Country
Germany
Fund
TRITON V
Investment date
October 2020
Sector
Industrial Tech
Sales 2022
€849m
Number Of Employees
3,600
Management
Susanne Wiegand (CEO)
Christian Schulz (CFO
Press Releases

A global specialist to control extreme forces throughout the drive train

RENK Group AG is a global manufacturer of high-quality automatic transmissions, gear units, slide bearings, suspension systems, couplings and test systems with leading positions in attractive markets.

The company operates in a structurally growing environment on the back of a world-leading industrial brand, an attractive product portfolio and strong engineering competence. Headquartered in Augsburg, Germany, RENK serves a diverse range of industries with a particular focus on defence and energy transition. With over 3,600 employees RENK generated EUR 850 million of revenues in 2022.

Triton invested in RENK in October 2020 by acquiring >90% from Volkswagen and minority shareholders. In February 2021, Triton obtained 100% ownership through a squeeze-out process and RENK was delisted thereafter.

Under Tritons ownership, a new organisational structure has been introduced to better serve market and customer needs.

More than EUR 500 million has been invested in Capex, R&D and M&A, focusing not only on topline growth but also on achieving operational excellence.

RENK has been built into a global systems provider for full mobility solutions, through a targeted M&A approach, which included strategic expansion into North America

After the successful and accelerated transformation, RENK was listed at the Frankfurt Stock Exchange on February 7, 2024.