RENK Group doubles order intake, driven by military projects
RENK Group AG, a German propulsion solutions provider for military and civilian sectors, reported a substantial growth in the first quarter of 2025.
RENK Group
RENK Group AG completes acquisition of Cincinnati Gearing Systems Inc.
RENK Group AG, a prominent German provider of propulsion solutions for military and civilian sectors, has completed its acquisition of the U.S.-based Cincinnati Gearing Systems Inc. (CGS Inc.).
RENK Group AG posts record orders and revenue, eyes continued expansion
RENK Group AG, a German leader in mobility and propulsion solutions, reported record-breaking results for fiscal year 2024 with order intake reaching an all-time high of €1.4 billion.
RENK America secures over USD 150 million in orders from U.S. Army
RENK America has received two major contracts worth over USD 150 million to supply HMPT transmissions for the United States Army.
German company RENK Group AG joins MDAX following strong market performance
RENK Group AG is set to release its full-year financial results for 2024 on 26 March 2025, along with its annual report.
RENK Group expands U.S. presence with acquisition of Cincinnati Gearing Systems
RENK Group AG has announced its agreement to acquire Cincinnati Gearing Systems Inc. (CGS Inc.), a leading U.S. manufacturer of precision gears and power transmission equipment.
RENK Group aims to double group revenue in the medium term
RENK Group AG expects to double its group revenue to around € 2 billion in the medium term through organic growth, corresponding to an annual revenue growth rate of 15%.
Horstman Group’s InArm suspension system chosen for M10 Booker vehicle
The InArm system is renowned for its superior mobility and ride quality, offering a stable platform for military vehicles.
RENK Group and HSW cooperate on developing mobility solutions for combat vehicles
RENK Group and its subsidiary RENK America have signed a Letter of Intent (LOI) on bilateral cooperation for tracked combat vehicles with Huta Stalowa Wola (HSW).
RENK Group and Rheinmetall jointly develop mobility solutions for combat vehicles in the US market
American Rheinmetall Vehicles (ARV) and RENK America (RAM) have signed a definitive agreement to jointly develop advance mobility system solutions for combat vehicles in the U.S. market.
RENK Group increases revenue in the first quarter of 2023
RENK Group grew again in the first quarter of 2023. Revenue increased by 5 per cent year-on-year to EUR 194 million.
RENK Group and Polish company HSW establish cooperation for tracked vehicles
RENK America and Polish defence company Huta Stalowa Wola (HSW) have signed a memorandum of understanding (MoU) to foster bilateral cooperation in the field of tracked combat vehicles.