Acquiring Company
Miba AG
Acquired Company
Renk GmbH plain-bearing business
Upper Austria
GermanyManufacturingManufacturingDescription
Renk has agreed through subsidiary RENK GmbH to sell its plain-bearing business to Miba, subject to customary regulatory clearance. Renk's ad-hoc disclosure put the price in the lower to middle three-digit million euro range. The unit will be reported as a discontinued operation from Q4 2026, while civil operations of Renk Marine & Industry are unaffected.
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Frequently asked
Who acquired Renk GmbH plain-bearing business?
Renk GmbH plain-bearing business was acquired by Miba AG, based in Upper Austria. The deal was reported on October 31, 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-bearing business?
Miba AG's acquisition of Renk GmbH plain-bearing business was reported on October 31, 2026. Renk has agreed through subsidiary RENK GmbH to sell its plain-bearing business to Miba, subject to customary regulatory clearance. Renk's ad-hoc disclosure put the price in the lower to middle three-digit million euro range. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Renk GmbH plain-bearing business do?
Renk is a German defence drivetrain maker. Its plain-bearing business is being sold to Miba through subsidiary RENK GmbH and will be reported as a discontinued operation from Q4 2026. It is privately held, operating in Manufacturing, and is based in Germany.
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