# 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.

- Type: Acquisition
- Announced: 2024-12-12
- Where: Laupheim, Germany, Germany
- Value: $39.6M (37.7M EUR)
- Status: announced
- Products: auto components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Endurance Technologies](https://endata.com/companies/15764.md)
- [Endurance Technologies](https://endata.com/companies/15764.md) (partner)
- [Endurance Overseas](https://endata.com/companies/77772.md) (acquirer)
- [Stoferle Automotive GmbH](https://endata.com/companies/81756.md) (target)
- [Stoferle GmbH](https://endata.com/companies/81757.md) (target)

## Sources

- [tradebrains.in](https://tradebrains.in/features/auto-ancillary-stock-jumps-after-its-subsidiary-signed-share-purchase-agreement-worth-e37-mil/), 2024-12-13: "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."
- [enduranceoverseas.com](https://www.enduranceoverseas.com/endurance-overseas-acquires-stoferle-2/), 2024-12-13: "Endurance Overseas has signed a Share Purchase Agreement for acquisition of 60% stake in Stöferle Automotive GmbH and Stöferle GmbH, Germany."
- [marklines.com](https://www.marklines.com/en/news/319122), 2024-12-13: "Endurance Technologies Limited announced that its subsidiary Endurance Overseas Srl, Italy, has signed a share purchase agreement to acquire a 60% stake in Stoferle Automotive GmbH, Germany."

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