About RENK
RENK is a company based in Augsburg (Germany) founded in 1873 was acquired by Triton Partners in October 2020. RENK offers products and services including Gearboxes, Transmissions, Slide Bearings, and Couplings. RENK operates in a competitive market with competitors including Airbus, Kratos, QinetiQ, BAE Systems and Lockheed Martin, among others.
- Headquarter Augsburg, Germany
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Renk Group Ag
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Annual Revenue
$1.18 B (USD)23.23as on Dec 31, 2024
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Net Profit
$55.39 M (USD)65.05as on Dec 31, 2024
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EBITDA
$196.83 M (USD)17.41as on Dec 31, 2024
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Latest Funding Round
$441.2 K (USD), Grant
Dec 01, 2022
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Investors
Triton Partners
& 1 more
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Employee Count
Not available
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Acquired by
Triton Partners
(Oct 06, 2020)
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IPO & Listings of RENK
RENK is a publicly listed company on the XETR with ticker symbol R3NK in Germany, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of RENK
RENK offers a comprehensive portfolio of products and services, including Gearboxes, Transmissions, Slide Bearings, and Couplings.
Provides mechanical power transmission for industrial and defense applications.
Offers systems for vehicle and marine propulsion needs.
Delivers bearings for machinery to ensure smooth operations.
Facilitates torque transmission in various mechanical setups.
Funding Insights of RENK
Investors in RENK
RENK has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Triton Partners and European Union.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and debt fund focused on service, healthcare, consumer, and industrial sectors
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Locked | Locked | Locked | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for RENK
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by RENK
Investment portfolio details for RENK
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Financial Statements - RENK
Detailed financials for RENK
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- Profit trends
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Renk Comparisons
Peer comparison for RENK
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of RENK
RENK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airbus, Kratos, QinetiQ, BAE Systems and Lockheed Martin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Commercial aircraft, helicopters, satellites, and launch vehicles are manufactured.
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AI and cloud-based platforms for national security are provided.
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| Locked | Locked | Locked |
Provider of a suite of systems for security solutions
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| Locked | Locked | Locked |
Aerospace and submarine security systems are manufactured by BAE Systems.
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| Locked | Locked | Locked |
Manufacturer of global security and defense airplanes
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| Locked | Locked | Locked |
Manufacturer of C6ISR system
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Detailed competitors of RENK
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Latest news on Renk
Complete news archive for RENK
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Frequently Asked Questions about RENK
RENK was founded in 1873 and raised its 1st funding round 149 years after it was founded.
RENK is headquartered in Augsburg, Germany. It is registered at Augsburg, Bavaria, Germany.
Susanne Wiegand is the current CEO of RENK.
Annual revenue of RENK is $1.18B as on Dec 31, 2024.
RENK was founded in 1873 and is headquartered in Augsburg, Germany. Operations center on the engineering sector, where propulsion systems and drive-train technologies are designed and supplied for industrial applications. Services encompass the development of customized solutions for mobility and power transmission needs, with a focus on reliability and efficiency in mechanical engineering. The company serves global markets from its European base.
RENK's top competitors include RTX, Airbus and Lockheed Martin.
RENK offers Gearboxes, Transmissions, Slide Bearings, and Couplings.
Yes, RENK is publicly traded on XETR under the ticker symbol R3NK.
RENK has 2 investors. Key investors include Triton Partners, and European Union.
The ticker symbol of RENK is R3NK on XETR.