Industrial chains business Renold is a lot more exciting than you think
Renold (RNO:AIM) 54.71pMarket Cap: £123.9 millionMaking industrial chains and specialist torque transmission products doesn't sound very exciting but 150-year-old Renold (RNO:AIM) happens to be rather good at it and today is the second largest player globally.The global market is very fragmented and despite being a big fish Renold's market share is under 10% in terms of revenue, providing a sign