Triton (via Rebecca BidCo) Acquires Majority Stake in RENK AG
January 30, 2020
Triton V, through its subsidiary Rebecca BidCo, signed an agreement to acquire a majority stake in RENK AG from Volkswagen Vermögensverwaltungs-GmbH and other shareholders, valuing VW’s 76% stake at €97.80 per share. The transaction completed in October 2020 after a voluntary public takeover offer that secured an additional ~14.2% of shares; RENK AG (headquartered in Augsburg, Germany) will be a Triton portfolio company focused on expanding its technology leadership and digitalisation initiatives.
- Buyers
- Triton V (advised by Triton Partners), Rebecca BidCo AG (Triton subsidiary)
- Targets
- RENK AG
- Sellers
- Volkswagen Vermögensverwaltungs-GmbH, Remaining public shareholders of RENK AG
- Industry
- Manufacturing
- Location
- Bavaria, Germany
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Triton Sells Remaining RENK Shares, Completing Exit
August 29, 2025
Aerospace & Defense
Funds managed by Triton Partners sold their remaining shares in RENK Group AG, completing a full exit after a five-year partnership that included a 2024 IPO. RENK, a Germany-headquartered manufacturer of mission-critical drive solutions with operations worldwide, strengthened its global position and completed strategic add-ons under Triton's ownership.
-
Triton Partners Acquires Majority Stake in Royal Reesink
November 6, 2019
Industrial Services
An entity controlled by the funds advised by Triton Partners has acquired a majority stake in Royal Reesink B.V. from Gilde Buy Out Partners, Teslin Participaties and Navitas B.V., with Triton investing alongside Royal Reesink management. Royal Reesink is an international equipment distribution and aftermarket services platform active in agriculture, turf care, material handling, construction and hydraulics, with around 2,100 employees; financial terms were not disclosed.
-
Triton Acquires Majority Stake in Kälte Eckert Group
July 28, 2022
HVAC & Mechanical
Triton (Triton Smaller Mid‑Cap Fund II) has acquired a majority stake in Kälte Eckert Group, a German specialist in refrigeration and air‑conditioning systems using natural refrigerants. Triton is investing alongside management (Michael and Holger Eckert) to support the company’s regional expansion and further develop its sustainable refrigeration capabilities; terms were not disclosed.
-
Triton Acquires SCHOCK GmbH from IK Investment Partners
February 18, 2021
Building Products
Triton Fund V, advised by Triton, has signed and completed an agreement to acquire SCHOCK GmbH, the German inventor and leading producer of quartz composite kitchen sinks, from IK Investment Partners (IK VIII Fund). Financial terms were not disclosed; Triton said it will support SCHOCK's international growth, product development and sustainability initiatives under the management team led by CEO Ralf Boberg.
-
Triton Acquires VolkerWessels' V&N Group (Visser & Smit Hanab, VW Telecom and Homij)
April 5, 2024
Infrastructure
Funds advised by Triton have agreed to acquire 100% of VolkerWessels Verbindingen en Netwerken B.V. (V&N Group), the parent of Visser & Smit Hanab, VW Telecom and Homij. The multi-utility service provider (3,100 employees) operates across the Netherlands providing energy & utility, connectivity and building installation services; Triton plans to invest to accelerate growth driven by the energy transition and digitalisation.
-
Equistone Acquires Majority Stake in RENA Group
February 21, 2019
Manufacturing
Funds advised by Equistone Partners Europe have acquired a majority interest in the RENA group from funds advised by Capvis AG. RENA, headquartered in Gütenbach, Germany, is a manufacturer of wet-chemical surface treatment machinery with around 800 employees and annual output above €120 million; Equistone will partner with management to support continued growth, R&D and expansion into adjacent markets subject to regulatory clearance.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.