Acquiring Company
Miba AG
Acquired Company
RENK GmbH (plain bearings business)
Upper Austria
AugsburgManufacturingManufacturingAutomotiveDescription
Renk has signed a binding agreement with Miba AG to sell its plain bearings business for a price in the low-to-mid three-digit million-euro range. The deal is agreed but not yet closed, pending customary regulatory approvals. The bearing unit will be reported as discontinued from Q4 2026, and Renk has recast 2026 guidance around continuing operations.
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When Miba AG changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired RENK GmbH (plain bearings business)?
RENK GmbH (plain bearings business) was acquired by Miba AG, based in Upper Austria. The deal was reported on October 22, 2026. Miba AG is an Austrian industrial technology group producing engine components, friction materials and sintered parts. It is the buyer of Renk's plain bearings business under a binding agreement. Miba AG is privately held and operates in Manufacturing.
When did Miba AG acquire RENK GmbH (plain bearings business)?
Miba AG's acquisition of RENK GmbH (plain bearings business) was reported on October 22, 2026. Renk has signed a binding agreement with Miba AG to sell its plain bearings business for a price in the low-to-mid three-digit million-euro range. The deal is agreed but not yet closed, pending customary regulatory approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does RENK GmbH (plain bearings business) do?
RENK GmbH is the operating subsidiary of Renk Group that holds the plain bearings business being sold. The unit will be reported as a discontinued operation from the fourth quarter of 2026. It is privately held, operating in Manufacturing, and is based in Augsburg.
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