Renk IPO by private placement (Frankfurt)
- Company
- Renk Group
- Type
- IPO
- Status
- Completed
- Date
- 7 Feb 2024
- Value
- €450m
- US$ equivalent
- US$487m
- Value basis
- Placement of existing shares by the Triton-backed selling shareholder, then listing
- Region
- Germany
- Segment
- Listed equity
Parties
- Renk Group issuer
Key terms
- Structure
- Placement of existing shares by the Triton-backed selling shareholder, then listing
- Pricing
- €15 per share
Sources
- Renk Group: private placement of shares from the holdings of the selling shareholder renk.gcs-web.com · 6 Feb 2024
Record DEF-INV-2024-0002. Investments are kept apart from the financings register and never counted in debt totals.