Aim Bulletin
Renold buys Italian chain maker Ognibene for EUR 10m
By Josh White
Date: Wednesday 25 Jun 2025
(Sharecast News) - Renold announced the acquisition of Italian transmission chain manufacturer Ognibene for €10m in cash on Wednesday, expanding its presence in the Italian and wider southern European markets.
The AIM-traded firm said the deal included an initial payment of €9m, with a further €1m due 12 months after completion.
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