About Renco Group
Renco Group is a company based in New York (United States) founded in 1975 by Ira Rennert.. Renco Group has completed 3 acquisitions, including AM General, Inteva Products and Renfro Corporation.
- Headquarter New York, United States
- Founders Ira Rennert
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
AM General
& 2 more
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Funding Insights of Renco Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Renco Group
Renco Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AM General, Inteva Products and Renfro Corporation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Major automotive components are manufactured and supplied to OEMs.
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2008 | ||||
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Manufactures and supplies specialised vehicles for military and commercial customers
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1970 | ||||
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Legwear products, including socks, are manufactured and designed.
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1921 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Renco Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renco Group Comparisons
Competitors of Renco Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Renco Group
When was Renco Group founded?
Renco Group was founded in 1975.
Where is Renco Group located?
Renco Group is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Renco Group?
Ira Rennert is the current CEO of Renco Group. They have also founded this company.
What does Renco Group do?
Renco Group was founded in 1975 and is headquartered in New York, United States. As a diversified conglomerate, operations span multiple industries including manufacturing, energy, and real estate. Management is led by founder Ira Rennert, who serves as CEO. The company focuses on industrial assets and investments, with activities conducted primarily in North America and select international markets.
How many acquisitions has Renco Group made?
Renco Group has made 3 acquisitions, including AM General, Inteva Products, and Renfro Corporation.
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