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Renk Group AG

RENK Group AG designs, engineers, produces, tests, and services customized drive systems across Asia, Germany, the United States, Africa, Australia, Oceania, and other European and European Union countries. It operates through three segments: Vehicle Mobility Solutions, Marine & Industry, and Slide Bearings. Its products include engine and marine gearboxes, clutches, bearings, shaft generators, hybrid and electric drive and onboard power grid solutions, transmissions, engines, final drives, suspension systems, track tension components, and industrial gearboxes for mills, extruders, and hydropower plants, along with slide bearings, couplings, and test systems. The company also offers engineering, condition monitoring, maintenance and modernization, spare parts management, mechanical and gear manufacturing, hardening, metrology, and marine services such as propulsion system evaluation and design and power distribution and grid design, serving military vehicles, marine, civil maritime, cement and plastics production, and oil and gas industries, as well as customers in hydrogen, energy generation, carbon capture, utilization and storage, and industrial heat pump applications. RENK Group AG was founded in 1873 and is headquartered in Augsburg, Germany.

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RENK reports record order intake of 1.2 billion euros in first half of 2026

RENK Group AG achieved a record order intake of around 1.2 billion euros in the first half of 2026, up 29.7 percent from 921.2 million euros a year earlier. The second quarter alone brought in 612.8 million euros, the highest quarterly order intake in the company's history, lifting the total order backlog to an all-time high of 7.4 billion euros. Revenue rose 2.7 percent to 637.2 million euros, while adjusted EBIT grew 10.1 percent to 98.2 million euros, pushing the adjusted EBIT margin to 15.4 percent. The Vehicle Mobility Solutions division drove the growth with a 42.6 percent jump in orders to 970.4 million euros, including a follow-on order under the five-year THOR-IV framework contract from the U.S. Army for the HMPT 800 transmission — the fourth award in this series with a volume of up to 691 million US dollars, of which around 121 million euros was booked in the second quarter corresponding to contractual minimum purchase quantities. Management confirmed its full-year outlook for revenue above 1.5 billion euros and adjusted EBIT between 255 million and 285 million euros.
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BlackRock's voting rights in Renk Group fall to 4.07%

BlackRock, Inc. has reported a reduction in its total voting rights in Renk Group AG to 4.07% as of July 27, 2026, down from a previously notified 4.12%. The new position comprises 2.97% of voting rights attached to shares and 1.10% through instruments, according to a major holdings notification published on July 30, 2026. The voting rights attached to shares amount to 2,967,724, while the instruments include 1,097,824 voting rights from lent securities with a right to recall and 6,077 voting rights from a contract for difference. Renk Group AG has a total of 100,000,000 voting rights pursuant to Section 41 of the German Securities Trading Act.
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RENK completes refinancing with new 1.05 billion euro unsecured credit package

RENK Group AG has successfully completed a refinancing that replaces its previous leveraged-buyout financing with a new syndicated unsecured credit package totaling 1.05 billion euros. The new structure consists of a long-term syndicated loan of 450 million euros, a revolving credit facility of 225 million euros, and a syndicated guarantee line of 375 million euros, all with a uniform maturity of five years plus two one-year extension options. The refinancing eliminates the existing collateral concept, giving RENK greater entrepreneurial freedom and significantly reducing annual financing costs. An international banking consortium provided credit commitments well above the required volume, which the company says underscores its strong positioning in the international credit market. CFO Anja Mänz-Siebje stated that the new unsecured financing provides the financial foundation to pursue growth targets through 2030, both organically and via targeted acquisitions.
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BlackRock reduces stake in Renk Group AG to 4.12%

BlackRock, Inc. has reduced its total voting rights in Renk Group AG to 4.12% as of July 14, 2026, down from a previously reported 4.28%. The notification, published on July 17, 2026, shows that BlackRock now holds 2.57% directly through shares and an additional 1.55% through instruments, comprising 1.54% from lent securities with a right to recall and 0.01% from a contract for difference. The total number of voting rights in Renk Group AG is 100,000,000.
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FMR LLC reports 4.94% total voting rights in Renk Group AG

FMR LLC has notified Renk Group AG that its total voting rights position reached 4.94% as of 16 June 2026. The notification shows voting rights attached to shares at 4.19%, up from a previously reported 3.57%, while voting rights through instruments fell to 0.76% from 1.37%. The total number of voting rights issued by Renk Group AG is 100,000,000. The crossing of the 3% threshold on common stock occurred at the level of Fidelity Management & Research Company LLC, a controlled undertaking of FMR LLC.
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