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New Deal


Announced

Triton Partners to acquire the remaining stake in RENK.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned90%
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

Acquisition

Pending

Auto Parts

transmission products

transmission

gears

Germany

Private Equity

Public

Majority

Friendly

Synopsis

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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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