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MPE Partners and Webster Industries acquires Renold Plc

PRIVATENov 04, 2025

Acquiring Company

Webster Industries

Acquired Company

Renold

TiffinClevelandManchesterManufacturingmachineryFinancial ServicesVenture Capitalventure capital & private equityManufacturing

Description

MPE Partners and Webster Industries announced the acquisition of Renold plc, enhancing their market-leading position in chain and power transmission products. This acquisition aims to expand product offerings and diversify end markets, solidifying Webster's vision for global leadership. Both companies will maintain operations at their current facilities. New CEO Simon Newman is set to lead the transition.

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Company Information

Company

Webster Industries

Location

325 Hall St

Tiffin, Ohio, United States

About

Webster is a leading manufacturer of engineered class chain, sprockets, and vibratory equipment for material handling and power transmission applications. Founded in 1876 and headquartered in Tiffin, Ohio, the company also provides refurbishment services and aftermarket power transmission parts for leveling and conveyance equipment. Serving OEMs, distributors, and end users across industries such as forestry, agriculture, steel, recycling, and aggregates, Webster operates facilities in Michigan, Mississippi, Oregon, and Ohio, and markets its products under the Webster, Action, and Allor brand names.

Company

MPE Partners

Location

600 Superior Ave E

Cleveland, Ohio, United States

About

MPE Partners ("MPE" or "Morgenthaler Private Equity") seeks to be the preferred partner for entrepreneur- and family-owned companies. Based in Cleveland, OH, and Boston, MA, MPE invests in profitable, lower middle market companies with EBITDA between $8 million and $40 million. MPE has two primary target investment areas: high-value manufacturing and commercial & industrial services.

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Frequently asked

Who acquired Renold?

Renold was acquired by Webster Industries, based in Tiffin. The deal was reported on November 4, 2025. Webster is a leading manufacturer of engineered class chain, sprockets, and vibratory equipment for material handling and power transmission applications. Webster Industries is privately held and operates in Manufacturing.

When did Webster Industries acquire Renold?

Webster Industries's acquisition of Renold was reported on November 4, 2025. MPE Partners and Webster Industries announced the acquisition of Renold plc, enhancing their market-leading position in chain and power transmission products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Renold do?

Renold plc operates in the manufacturing industry, specializing in the production of industrial chains and related power transmission products. It is privately held, operating in Manufacturing, and is based in Manchester.

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