RENK Group

Headquarters

Augsburg, Germany

Founded

1873

Employees

3,400+ (2024)

Total funding

Stage

Public (Frankfurt Stock Exchange, SDAX: R3NK)

Status

active

Domains

Military transmissions, Hybrid propulsion systems, Vehicle suspension systems

Website

www.renk.com

No linked records yet.

No linked records yet.

Approximate ownership by holder. Indexed holders link to their records.

• ContractHMPT 800 Transmission Production — THOR-IV Follow-On IDIQ5-year, up-to-$691M follow-on IDIQ for RENK America to keep producing HMPT 800 transmissions for the Bradley Fighting Vehicle and Armored Multi-Purpose Vehicle.
• ContractKF41 Lynx Transmissions/Final Drives — Framework Agreement Extension~€270M extension of RENK's existing framework agreement with Rheinmetall to keep supplying transmissions and final drives for the KF41 Lynx infantry fighting vehicle.

No linked records yet.

What does RENK Group do?

RENK Group AG, headquartered in Augsburg, Germany, was founded in 1873 by Johann Julius Renk as a mechanical gear workshop, patented involute-gearing technology in 1879, and still operates from its Augsburg-Göggingen site. RENK makes transmissions and gearboxes for military and industrial use — tank transmissions (Leopard 2's HSWL 354, 4,000+ produced as of June 2026, plus Challenger 2, K2 Black Panther, and Puma IFV), marine/industrial gearboxes, vehicle suspension, plain bearings, and couplings — serving 70+ armies and 40+ navies/coastguards worldwide. US subsidiary RENK America (Muskegon, MI) has built HMPT transmissions for the Bradley Fighting Vehicle and AMPV under a decades-long 'THOR' partnership with Army Contracting Command–Detroit Arsenal, delivering 4,500+ units; its HMPT 800 also equips M1 Abrams variants. Triton has been majority owner since December 2020; RENK IPO'd on the Frankfurt Stock Exchange (SDAX, R3NK) in February 2024, raising €500M, with KMW+Nexter Defense Systems holding ~7% and Wellington Management as anchor investor. 2024 revenue was €1.1B (up from €926M in 2023, ~70% from tank/marine gear). H1 2026 brought record order intake of €1.2B (~$1.39B, +29.7% YoY), a record €7.4B backlog, and €637.2M revenue, led by Vehicle Mobility Solutions (order intake +42.6% YoY). RENK is acquiring UK gearbox specialist David Brown Defence (Huddersfield, ~530 employees, order backlog/pipeline over £700M for 2026–2030) from Stellex Capital Management, expected to close Q4 2026 pending regulatory approval; terms undisclosed.

Where is RENK Group headquartered?

RENK Group is headquartered in Augsburg, Germany and was founded in 1873.

What does RENK Group specialize in?

RENK Group works across Military transmissions, Hybrid propulsion systems, Vehicle suspension systems.

Does RENK Group hold government contracts?

Defense Tech Atlas links RENK Group to 2 government contracts.

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.