Tracked deals
3
3 tracked deals across 2021-2025.
Augsburg, Bavaria, Germany
World leading specialists for pioneering solutions to control extreme forces throughout the drive train, including transmissions/gear units, slide bearings, suspension systems, couplings and testing solutions for industrial applications, energy production, naval applications and tracked vehicles.
Tracked deals
3
3 tracked deals across 2021-2025.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
2 buyout · 1 divestiture
Last 3 years
Supporting Data
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.
RENK Group, through its suspension specialist Horstman, has acquired General Kinetics Engineering Corporation and combined it with Horstman's existing mobility operations to create Horstman Canada. The deal brings General Kinetics' Canadian and U.S. facilities and employees into Horstman's global footprint to expand RENK's presence and capabilities in North American combat vehicle suspension and vibration mitigation.
RENK Group acquired L3Harris Technologies' Combat Propulsion Systems business for roughly $400 million in cash and also purchased L3Magnet-Motor GmbH, forming RENK America headquartered in Muskegon, Michigan. The deal expands RENK's U.S. manufacturing footprint and capabilities in armored-vehicle propulsion and hybrid drive solutions while retaining nearly 400 U.S. employees.
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