23.10.2026. Linklaters has advised RENK Group AG ("RENK") on the sale of its Slide Bearings business unit to Miba AG.
RENK, a leading provider of drive solutions for the military and civil sectors, is using the sale to sharpen its strategic focus on the defence business. Miba AG is a globally active Austrian industrial and technology company whose slide bearing division, Miba Bearing Group, specialises in the development and production of slide bearing technologies for industrial applications and engines. Miba intends to further develop the Slide Bearings business with the appropriate industry focus.
The Slide Bearings business is based in Hanover as well as at sites in Brazil, the USA and Asia. Its products include standardised slide bearings for electric motors, generators and pumps and are used primarily in industrial and civil markets.
The parties have agreed not to disclose the purchase price. The transaction is subject to customary regulatory approvals.
Linklaters regularly advises RENK Group AG on M&A transactions, most recently on the acquisition of the UK company David Brown Defence. The company also relies on the firm in other areas, including general corporate advice, in particular on general meetings, as well as on financing and capital measures, most recently on a syndicated credit facility of EUR 1.05 billion provided by an international bank consortium. Linklaters also advised the banks on RENK's IPO.
According to Linklaters, the transaction reflects its expertise in the Aerospace, Defence & Security sector. The firm advises numerous market participants such as defence companies, suppliers, investors and financial institutions as well as industrial and technology companies entering this market. The firm's integrated global defence team is led by sector leaders Dr. Timo Engelhardt and Kristina Klaaßen-Kaiser in Germany and Georgina Kon and Simon Branigan in London.
Advisor to RENK Group AG: Linklaters
Ein internationales cross-practice Linklaters Team beriet die RENK Group AG bei dieser Transaktion - unter Leitung der Partner Dr. Timo Engelhardt (München), Dr. Klaus von der Linden (Düsseldorf) und von Counsel Dr. Ruprecht von Maltzahn (alle Corporate/M&A, München, alle Federführung).
Das Team umfasste zudem die Partner Atif Wolfgang Bhatti (IP), Dr. René Döring (Employment & Incentives), Lars Harzmeier (Litigation, Arbitration & Investigations, Frankfurt), Dr. Michael Leicht (TMT, alle Frankfurt), Andreas Schaflitzl (Tax, München), Prof. Daniela Seeliger (Antitrust & Foreign Investment, Düsseldorf), den Senior Counsel Sean McKeever (Tax, Washington), die Counsel Josh Feit (Corporate/M&A, New York), Dr. Luca Rawe (Employment & Incentives) und Tobias Rump (Antitrust & Foreign Investment, beide Düsseldorf), die Managing Associates Daniel Gloor, Laetitia Aria (beide Corporate/M&A), Dr. Alexander Zitzl (Tax, alle München), Cecilia Drepper (IP, Frankfurt), Dr. Tom Schäfer (Corporate/M&A, Düsseldorf), Dr. André Scheidtmann, Nina Seydel (beide Düsseldorf), Giorgio Valoti (alle Antitrust/Foreign Investment, Mailand), die Associates Dr. Maximilian Huchel (Corporate M&A, München), Dr. Jonas Baumann und Antonia Mertens (TMT, Frankfurt), Dr. Richard Knaup (Düsseldorf), Sara Luzzatto (beide Corporate/M&A, New York), Arvid van Loon, Markus Pohlmann, Patrick Reitner (alle Antitrust & Foreign Investment, Düsseldorf), Cornelia Schweigart (Tax, München), Junior Associate Martina Lopa (Antitrust and Foreign Investment, Mailand) und Tax Assistant Nando Bittorf (München).
This text was automatically translated from the German original.