Renk Overview

  • Year Founded
  • 1872

Year Founded

  • Status
  • Public

  • Employees
  • 3,400

Employees

  • Stock Symbol
  • R3NK

Stock Symbol

  • Investments
  • 4

  • Share Price
  • $25.50
  • (As of Friday Closing)

Renk General Information

Description

RENK Group AG is a global leader in high-efficiency propulsion and drivetrain technology. It provides systems to ensure the reliable deployment of strong forces to set vehicles, vessels, and machinery in motion. Its offering integrates design, engineering, production, testing and lifelong services of flexible, customized drive systems that translate power from any source of power into action.

Contact Information

Website
www.renk.com
Formerly Known As
Zahnräderfabrik Augsburg
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Automotive
Other Industries
Industrial Supplies and Parts
Stock Exchange
BER
Corporate Office
  • Goegginger Street 73
  • 86159 Augsburg
  • Germany
+49 0821 00000

Renk Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Renk Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$25.50 $26.43 $18.62 - $42.40 $850M 33.3M 659.21

Renk Financials Summary

In Thousands,
USD
TTM 30-Jun-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
Revenue 919,874 892,607 824,842 176,657
EBITDA 155,733 176,489 131,325 13,029
Net Income 14,685 29,271 (11,322) (24,719)
Total Assets 1,625,092 1,545,616 1,530,491 1,456,254
Total Debt 688,215 674,710 706,993 621,131
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Renk Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Renk Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
RENK Group AG is a global leader in high-efficiency propulsion and drivetrain technology. It provides systems to ensure
Automotive
Augsburg, Germany
3,400 As of 2023
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000000000 (000)
Heidenheim, Germany
00000 As of 0000
00000
000000000 00000

000000

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0000
Indianapolis, IN
0000 As of 0000
00.00
000000000 00 00.00
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Renk Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Voith Private Debt Financed Heidenheim, Germany 00000 00000 000000000 00000
Allison Transmission Formerly PE-Backed Indianapolis, IN 0000 00.00 000000000 00 00.00
Flender Venture Capital-Backed Dublin, Ireland 00 00000 000000000 00000
You’re viewing 3 of 3 competitors. Get the full list »

Renk Patents

Renk Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-102022206807-A1 System and method for starting high inertia machines Pending 04-Jul-2022 000000000 0
EP-4304077-A1 System and method for starting machines with high inertia moment Pending 04-Jul-2022 000000000 0
EP-4274084-A1 Propulsion system Pending 27-Apr-2022 000000000 0
US-20230349448-A1 Drive system Pending 27-Apr-2022 000000000
DE-102022204092-A1 Drive system Pending 27-Apr-2022 H02P5/747 0
To view Renk’s complete patent history, request access »

Renk Executive Team (10)

Name Title Board Seat Contact Info
Susanne Wiegand Chief Executive Officer & Chairwoman
Christian Schulz Chief Financial Officer
Alexander Sagel Chief Operating Officer
Ingo Schachel Head of Investor Relations
Claudia Ziegler Head, Strategy, M&A & Communications
You’re viewing 5 of 10 executive team members. Get the full list »

Renk Board Members (11)

Name Representing Role Since
00000 0000 Renk Head of Corporate Accounting and Supervisory Board Member 000 0000
000000 0000000000 Renk Deputy Chairwoman of the Supervisory Board 000 0000
00000 000 0000000 Triton (London) Chairman 000 0000
00000 00000 Renk Work Council Chairman 000 0000
000000 00000 Renk Supervisory Board Member 000 0000
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Renk Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Renk Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Renk Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
L3Harris Technologies (Combat Propulsion Systems and Magnet-Motor businesses) 02-Jul-2021 0000000000 00000 Aerospace and Defense 0000000 0
Horstman Holdings 16-Apr-2019 0000000000 000.00 Aerospace and Defense 0000000 0
Damen Schelde Gears 08-Dec-2017 0000000000 00.000 Marine 000000000
Renk-Maag 30-Apr-2007 Merger/Acquisition Automotive
To view Renk’s complete acquisitions history, request access »

Renk Subsidiaries (4)

Company Name Industry Location Founded
Horstman Systems Automotive Woodbridge, Canada 2019
Renk-Maag Automotive Winterthur, Switzerland 0000
Horstman Holdings Aerospace and Defense Bath, United Kingdom 0000
Damen Schelde Gears Marine Vlissingen, Netherlands
To view Renk’s complete subsidiaries history, request access »

Renk FAQs

  • When was Renk founded?

    Renk was founded in 1872.

  • Who is the CEO of Renk?

    Susanne Wiegand is the CEO of Renk.

  • Where is Renk headquartered?

    Renk is headquartered in Augsburg, Germany.

  • What is the size of Renk?

    Renk has 3,400 total employees.

  • What industry is Renk in?

    Renk’s primary industry is Automotive.

  • Is Renk a private or public company?

    Renk is a Public company.

  • What is Renk’s stock symbol?

    The ticker symbol for Renk is R3NK.

  • What is the current stock price of Renk?

    As of 14-Jun-2024 the stock price of Renk is $25.50.

  • What is the current market cap of Renk?

    The current market capitalization of Renk is $850M.

  • What is Renk’s current revenue?

    The trailing twelve month revenue for Renk is $920M.

  • Who are Renk’s competitors?

    Voith, Allison Transmission, and Flender are competitors of Renk.

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