◆ NeutralRKGRY
Resolute implementation of RENK Group strategic realignment with sale of slide bearings business to Miba AG
GlobeNewswire Inc.·
RENK Group AG has agreed to sell its slide bearings business to Austrian industrial company Miba AG as part of a strategic refocus on defense operations. The transaction aims to increase RENK's defense business revenue share to approximately 90% by 2030. RENK's updated 2026 guidance projects revenue of ~€1.4 billion and adjusted EBIT of €240-255 million from continuing operations.
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