Accent Equity-owned Plockmatic Group acquires Renz to strengthen product portfolio
Stockholm, 30 June 2025
- Plockmatic Group has signed an agreement to acquire Chr. Renz Gmbh (“Renz”) in Germany, including subsidiaries in Australia, Argentina, UK and Turkey
- This acquisition is an opportunity to enter into the ring wire binding segment, which is a natural complement to Plockmatic Group’s existing offering
- Plockmatic Group sees significant synergies with Renz within key areas such as sales, production, sourcing and R&D, with the ambition to broaden Plockmatic Group’s geographic footprint and develop the next generation of automised professional ring wire binding equipment for calendar and book production
Plockmatic Group has signed an agreement to acquire Chr. Renz Gmbh, the world leading producer of ring wire binding machines and supplies, headquartered in Heubach, Germany. The offering includes development and production of ring wire binding machines for the professional and office segments, as well as in-house production of premium quality wire binding consumables.
Following significant hardships during the covid-19 pandemic, Renz was forced into insolvency proceedings in 2024. The insolvency process is expected to be finalised during Q3 2025 and closing of the transaction is expected to take place in connection with this.
“The acquisition of Renz will be a great opportunity for Plockmatic Group, where we see several opportunities and synergies between our organizations, and to further expand our value proposition as solution provider to our customers. With Renz becoming a part of Plockmatic Group, we will also get a strong and local sales organisation in Germany, which we have identified as an important growth market for Plockmatic Group going forward” says Jan Marstorp, CEO of Plockmatic Group.
“Becoming part of Plockmatic Group and finding a long-term solution for Renz, following some very challenging years, make us look at the future with confidence again. With the insolvency proceedings behind us and access to Plockmatic Group´s resources we will now be able to invest in new products and continue long-term partnerships with our customers and suppliers” says Michael Schubert, CEO of Renz.
For additional information, please contact:
Oscar Claeson, Partner at Accent Equity, +46 70 108 99 99
oscar.claeson@accentequity.se
Jan Marstorp, CEO Plockmatic Group, +46 70 542 00 14
jan.marstorp@plockmatic.com
Michael Schubert, CEO Chr. Renz GmbH, +49 7173 186 70
schubert@renz.com
About Plockmatic Group:
Plockmatic Group, founded in 1974, provides high-end automation and document finishing solutions for the global printing and packaging industries. The company is headquartered in Stockholm, Sweden, with sales companies in UK, USA, Italy and Norway, as well as modern inhouse production located in Latvia. The company has 300 employees and revenues of EUR 70 million (2024).
www.plockmaticgroup.com
About Renz:
Chr. Renz Gmbh, founded in 1908, is the world leading producer of ring wire binding machines and supplies, headquartered in Heubach, Germany with subsidiaries in UK, Australia, Argentina and Turkey and clients in more than 80 countries. The company has 100 employees and revenues of EUR 14.6 million (2024).
www.renz.com
About Accent Equity:
Accent Equity has since 1994 invested in private Nordic companies where a new partner or owner can serve as a catalyst. Our ambition is to invest in and develop the companies to be Nordic, European or Global leaders through a professional, hands-on and long-term oriented approach that results in superior and sustainable returns.
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