Endurance Technologies subsidiary to acquire 60% stake in Stoferle Automotive

Endurance Technologies Ltd's subsidiary Endurance Overseas Srl signed a Share Purchase Agreement worth €37.74 million to acquire a 60% stake in Stoferle Automotive GmbH and Stoferle GmbH in Germany. The agreement includes call and put options for the remaining 40% stake exercisable from June 2026.

“Endurance Technologies Ltd ’s subsidiary Endurance Overseas Srl, Italy, (“EOSrl”) has signed a Share Purchase Agreement worth € 37.74 million to acquire 60% stake in Stoferle Automotive GmbH, Germany and Stoferle GmbH, Germany.”tradebrains.in

• 3 sources
• tradebrains.inAuto ancillary stock jumps after its subsidiary signed share purchase agreement worth €37 Mil. - Trade Brains FeaturesTeam Trade BrainsDec 13, 2024
• enduranceoverseas.comEndurance Overseas acquires 60% stake in Stöferle – Endurance OverseasDec 13, 2024
• marklines.com[Gen-AI Analysis] Endurance, India to acquire 60% stakes in Stoferle Automotive GmbH - MarkLines Automotive Information & Gen-AI PlatformDec 13, 2024

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