RENK Group stock: Slide Bearings sale sharpens defense focus

RENK Group is sharpening its defense focus with the planned sale of its Slide Bearings business to Austria's Miba. The company said on October 22, 2026, that the transaction will move the unit into discontinued operations from the fourth quarter, while the continuing-business outlook remains in place.

RENK Group stock was quoted at 36.93 euros on Lang & Schwarz at 13:02 Berlin time on Saturday, October 31. Investors can follow the real-time quote of RENK Group stock.

Portfolio shift toward defense

According to the company announcement, RENK entered into a binding agreement to sell the Slide Bearings business to Miba. The unit supplies standardized slide bearings for electric motors, generators and pumps and serves mainly industrial and civilian markets.

The agreed purchase price is in the low to mid three-digit million-euro range, with the exact amount kept confidential. The transaction remains subject to customary regulatory approvals. RENK said the sale will allow it to concentrate capital and capacity more consistently on defense solutions for land and naval applications.

Continuing operations guide outlook

From the fourth quarter, RENK will report the divested business as a discontinued operation under IFRS 5. Future guidance therefore covers the Vehicle Mobility Solutions and Marine & Industry divisions.

For 2026, RENK expects revenue of about 1.4 billion euros and adjusted EBIT of 240 million to 255 million euros from continuing operations. The change gives investors a narrower earnings base for assessing the group's defense-led strategy, while the timing of the Miba transaction and regulatory approvals remains relevant.

RENK is expected to publish its third-quarter results in early November, giving investors the next scheduled update on orders, margins and the revised continuing-operations outlook.

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