Renold plc (RNO) Ordinary 5p Shares
Renold plc is a United Kingdom-based company, which is engaged in delivering engineered and power transmission products and solutions across the world. The Company operates through two segments: The Chain segment and The Torque Transmission. The Chain segment manufactures and sells power transmission and conveyor chain and includes sales of torque transmission products through Chain National Sales Companies (NSCs). The Torque Transmission segment manufactures and sells torque transmission products, such as gearboxes and couplings used in power transmission. It is a manufacturer and developer of coupling and gearbox solutions, from fluid couplings rubber-in-compression and rubber-in-shear couplings, and a range of worm gears, helical and bevel helical worm drives. It also manufactures gear spindles and gear couplings for the primary metals industry. Its conveyor chain application includes theme park rides, water treatment plants, cement mills, agricultural machinery, mining, and sugar.
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