# Endurance Technologies acquires 100% stake in Ingenia Automation, Italy

Endurance Technologies, through its subsidiary Endurance Overseas Srl, acquired 100% of Ingenia Automation Srl in Turin, Italy. The consideration is up to 3.6 million euros, including an earn-out. Ingenia designs and installs industrial automation systems.

- Type: Acquisition
- Announced: 2024-05-31
- Where: Turin, Italy
- Value: $3.90M (3.60M EUR)
- Status: completed
- Products: industrial automation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Endurance Technologies](https://endata.com/companies/15764.md) (acquirer)
- [Ingenia Automation](https://endata.com/companies/77773.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/endurance-technologies-announces-acquisition-of-100-stake-in-ingenia-italy-124060100314_1.html), 2024-06-01: "This strategic acquisition will bolster the Group's skills in industrial automation and expand its presence in the value chain through backward integration."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.