09-07-2025
Gearbox Maker Renk Is Said to Mull Options for Civilian Business
Renk Group AG is considering options for its civilian industrial business, according to a person familiar with the matter, as the German gearbox maker looks to focus on its defense operations.
The Frankfurt-listed company is working with advisers on a strategic review of the business that manufactures products for civilian use, the person said. Options could include a partial or full sale of individual subunits within the civilian industrial business, which is unlikely to be sold in one piece, the person said.
