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RENK Group expands U.S. presence with acquisition of Cincinnati Gearing Systems

This acquisition marks a significant milestone in RENK Group’s global expansion strategy, particularly within the U.S. military sector. “I am very pleased that we have achieved this decisive step in localizing our Navy activities in this important market,” stated Susanne Wiegand, CEO of RENK Group AG. RENK Group sees the acquisition as a crucial step to strengthen its presence in North America and bolster its reputation as a trusted provider of …
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defence-industry.eu broke the news on Tuesday, December 24, 2024.
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