|German-made Renner actions, used by most of the world’s leading piano manufacturers, are a potent selling point with end-users.
Steinway Acquires Renner Piano Action
Purchase ensures “continuity” in critical component supplier. German manufacturing operations to be maintained.
STEINWAY & SONS HAS ACQUIRED the renowned piano action manufacturer Louis Renner GmbH & Co. KG. Founded in Stuttgart, Germany in 1882, Renner manufactures complete grand and upright piano actions and piano hammers that are used by leading piano manufacturers worldwide. In fact, many manufacturers prominently boast the use of Renner actions as a selling point for their pianos.
The company also produces a line of accessories and piano tools. Renner’s headquarters and main factory are located in Gärtringen, Germany, near Stuttgart, with an additional factory in Meuselwitz near Leipzig. The company has been supplying action parts to Steinway for more than a century.
“When we heard that Renner was for sale,
we took an immediate interest.
They produce crucial components
of our Steinways, which is why
this continuity is vital to our company.”
This purchase is the latest in a number of strategic acquisitions by Steinway to ensure continuity and consistent quality in the supply of critical component parts. Previous acquisitions have include Kluge GmbH, the largest manufacturer of piano keys in Europe, and The O.S. Kelly Company, the largest manufacturer of piano plates in the United States, each of which has supplied essential parts for Steinway’s pianos for more than half a century.
“When we heard that Renner was for sale, we took an immediate interest,” said Ron Losby, president & CEO, Steinway & Sons. “We wanted to ensure that Renner remains in Germany, where they have been for almost 140 years, and we wanted to ensure that they retain the world-class quality that they have achieved and maintained during that time. They produce crucial components of our Steinways, which is why this continuity is vital to our company. The mission and culture of both companies is so similar that I expect this to be a very smooth transition and a very natural fit.” He also said that Steinway will continue operations in Renner’s two German factories, ensuring “business as usual” for Renner and its employees during the transition period.
“We are delighted that we were purchased by a company with German roots and with one of their two worldwide factories located in Hamburg, Germany,” said Clemens von Arnim, CEO, Louis Renner. “I am very optimistic about this move and what it means for Renner’s future—and I am looking forward to staying on to run Renner and work closely with Steinway’s manufacturing team in Hamburg.”