► KNDS and Triton reach agreement on the transfer of shares in RENK

(PresseBox) (Amsterdam, 28.07.2025) – KNDS N.V. (“KNDS”) and Rebecca BidCo S.à r.l, a subsidiary of Triton Fund V (“Triton”) have reached an amicable settlement with respect to the transfer of shares in RENK Group AG (“RENK”) following the exercise of the Option by KNDS in February 2025.

The parties agreed that Triton shall transfer 9,166,667 shares to KNDS, which will increase KNDS’ shareholding in RENK from 6.7% to 15.84%. With this step, KNDS is reaffirming its commitment to a long-term cooperation with RENK as a strategic shareholder.

With the settlement, the Option Agreement ends with immediate effect. The parties agreed not to disclose further details on the agreement.

Both parties will continue their good relationship in the future and collaborate in the best interest of RENK.