RENK Group AG Acquires Cincinnati Gearing Systems Inc.
April 16, 2025
RENK Group AG has completed the acquisition of Cincinnati Gearing Systems Inc., which will operate as RENK America Marine & Industry LLC. The deal brings CGS's Mariemont and Milford, Ohio facilities (≈15,000 sqm) and over 100 skilled employees to RENK, strengthening RENK's North American presence and naval/defense transmission capabilities.
- Buyers
- RENK Group AG
- Targets
- Cincinnati Gearing Systems Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
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