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Announced

Triton Partners to acquire the remaining stake in RENK.

Synopsis

Private equity firm Triton Partners is set to acquire the remaining stake in RENK, a Germany-based manufacturer of specialized gearboxes, drive technology components and testing systems, for €105.72 per share. Triton and RENK are pleased to enter the next phase of their partnership and to finally join forces to continue realizing RENK AG’s growth strategies.

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