Announced
Financials
Sources
Tags
Cross Border
Single Bidder
Acquisition
Pending
Auto Parts
transmission products
transmission
gears
Germany
Private Equity
Public
Majority
Friendly
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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