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Renold acquires Ognibene for €10m cash deal

Jun 25, 2025

Acquiring Company

Renold

Acquired Company

Ognibene S.p.a

ManchesterBolognaManufacturingManufacturing

Description

Renold has acquired Italian company Ognibene S.p.a. for €10 million. This acquisition is part of Renold's strategy to expand its presence in Southern Europe. Ognibene's management will continue to lead its operations post-acquisition. The deal enhances Renold's customer service capabilities and provides manufacturing synergies.

Quick answer

Renold is acquiring Ognibene S.p.a for $10.8 million, announced June 25, 2025. Renold is based in Manchester, England, United Kingdom.

How much did Renold pay for Ognibene S.p.a?
The reported deal value is $10.8 million.
What does Renold do?
Renold plc operates in the manufacturing industry, specializing in the production of industrial chains and related power transmission products.
Where are Renold and Ognibene S.p.a based?
Renold is based in Manchester, England, United Kingdom. Ognibene S.p.a is based in Bologna, Emilia Romagna, Italy.
Who are the decision-makers at Renold?
Fundz holds 3 contacts at Renold. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Renold

Location

Manchester, England, United Kingdom

About

Renold plc operates in the manufacturing industry, specializing in the production of industrial chains and related power transmission products. The company focuses on providing solutions for a wide range of sectors, including manufacturing, transportation, and energy, with a strong market presence in the UK and internationally.

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Frequently asked

Who acquired Ognibene S.p.a?

Ognibene S.p.a was acquired by Renold, based in Manchester. The deal was reported on June 25, 2025. Renold plc operates in the manufacturing industry, specializing in the production of industrial chains and related power transmission products. Renold is privately held and operates in Manufacturing.

When did Renold acquire Ognibene S.p.a?

Renold's acquisition of Ognibene S.p.a was reported on June 25, 2025. Renold has acquired Italian company Ognibene S.p.a. for €10 million. This acquisition is part of Renold's strategy to expand its presence in Southern Europe. Ognibene's management will continue to lead its operations post-acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ognibene S.p.a do?

Ognibene S.p.a. is a manufacturer and distributor of high-quality transmission chain and ancillary products. Founded in 1948, it serves a variety of end markets, including packaging machinery and distribution. It is privately held, operating in Manufacturing, and is based in Bologna.

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