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Renk Group AG: RENK Enters Into Binding Agreement for the Acquisition of David Brown Defence

Written by Customer Service on . Posted in Public Companies.

Renk Group AG / Keyword: Mergers and Acquisitions / Purchase of parts of a company
Renk Group AG: RENK Enters Into Binding Agreement for the Acquisition of David Brown Defence
03. Jul 2026 / 08:30 CET/CEST

Disclosure of an inside information acc. to Article 17 of the Regulation (EU) No 596/2014, transmitted by GlobeNewswire.

The issuer is solely responsible for the content of this announcement.

Augsburg, July 3, 2026 – RENK Group AG, through its wholly-owned subsidiary RENK GmbH, today entered into a binding agreement for the acquisition of David Brown Defence in the form of the shares in DB Defence Holdco SARL.

David Brown Defence is based in the UK and specializes in high-precision gearboxes for the naval and land defense sectors. The acquisition represents a strategically important addition to RENK’s existing portfolio in the naval sector. Especially, RENK is gaining access to high-value naval programs of the next few years and a long-term base of orders across the main naval programs in the UK, Canada and Australia, including aftermarket business opportunities. Furthermore, the acquisition will also enable the Group to tap into significant synergies at operational and technological level.

The transaction is subject to the standard official approvals and is scheduled for completion in Q4 2026.

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Language
English

Company
Renk Group AG

Gögginger Str. 73

86159 Augsburg

Germany

Phone
(498) 215-7000

Fax


Email
investors@renk.com

Homepage
https://www.renk.com/

LEI
894500H8CNSZ53EI6K63

Listed
― DE000RENK730, DE – Frankfurt Exchange, Boerse Frankfurt – Regulierter Markt, RENK73; DE – Berlin Stock Exchange, Boerse Berlin – Freiverkehr, RENK73; DE – Hannover Stock Exchange, Boerse Hannover – Freiverkehr, RENK73; DE – Dusseldorf Stock Exchange, Boerse Duesseldorf – Freiverkehr, RENK73; DE – Hamburg Stock Exchange, Boerse Hamburg – Freiverkehr, RENK73; DE – Munich Stock Exchange, Boerse Muenchen – Freiverkehr, RENK73; DE – Stuttgart Stock Exchange, Boerse Stuttgart – Freiverkehr, RENK73; DE – Tradegate Exchange, Open Market, RENK73;

Indices
MDAX, HDAX (Performance), MDAX (Kursindex), DAX Supersector Industrials (Performance)

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