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Endurance Technologies Acquires Full Ownership of German Stöferle Companies for €18M
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CNBC TV18•29-09-2026, 19:24
Endurance Technologies Acquires Full Ownership of German Stöferle Companies for €18M
- •Endurance Technologies will acquire the remaining 32% stake in Germany-based Stöferle Automotive GmbH and Stöferle GmbH for €18 million, bringing its ownership to 100%.
- •The acquisition, carried out through Endurance Overseas SpA (EOSpA), accelerates the original agreement to acquire the stake by June 2030.
- •The revised cash consideration of €18 million is lower than the originally agreed €20.13 million for the 32% stake.
- •Full ownership will consolidate management, governance, and operational decision-making, enabling restructuring and growth plans without minority shareholder considerations.
- •Stöferle Automotive GmbH manufactures machined aluminium castings for automotive applications, while Stöferle GmbH also produces CNC machines for captive use.
Key Questions Answered
Endurance Technologies is acquiring the remaining 32% stake in the German Stöferle companies for €18 million in cash. This consideration is lower than the originally agreed purchase price of €20.13 million for that stake.
Under an amendment signed on Tuesday, September 29, the acquisition timeline was brought forward to complete immediately upon execution, replacing the original plan to acquire the stake in equal tranches by June 2030.
The acquisition is being carried out through Endurance Overseas SpA (EOSpA), which is Endurance Technologies’ wholly owned subsidiary based in Italy. Following the transaction, EOSpA will hold 100% of both German companies.
