Endurance Technologies Increases Stake in Stöferle Germany to 68%

Endurance Technologies announced on June 29 that its wholly owned Italian subsidiary, Endurance Overseas SpA (EOSpA), has signed a transfer agreement to acquire an additional 8% equity stake in Stöferle GmbH and Stöferle Automotive GmbH, both headquartered in Germany. Following the completion of the transaction, EOSpA's ownership in both companies will increase from 60% to 68%, further strengthening the group's strategic position in the European automotive manufacturing sector.

The latest acquisition follows the framework established under the original Share Purchase Agreement executed in December 2024. Under that agreement, EOSpA initially acquired a 60% ownership interest in the two German companies, while an interim update regarding the transaction was disclosed in April 2025. The additional 8% acquisition has been completed in accordance with the provisions of the original agreement and represents the next planned phase of the investment.

Stöferle Automotive GmbH and Stöferle GmbH specialize in manufacturing precision machined aluminium die castings used for engine and transmission components across the automotive industry. In addition to component manufacturing, the companies also design and produce CNC machines that are primarily intended for captive use within their manufacturing operations. These capabilities complement Endurance Technologies' existing expertise in precision engineering and automotive component production.

Endurance Technologies' Stöferle Shareholding Timeline

The increased shareholding reinforces Endurance Technologies' long-term investment strategy in Europe while maintaining continuity with the original transaction structure. By expanding its ownership in the German businesses, the company further enhances its access to advanced aluminium die-casting capabilities and in-house CNC machine manufacturing that support the production of engine and transmission components for the automotive industry.

Frequently Asked Questions

Why did Endurance Technologies increase its stake in Stöferle companies?
Endurance Technologies increased its ownership through its wholly owned subsidiary Endurance Overseas SpA by acquiring an additional 8% stake in Stöferle GmbH and Stöferle Automotive GmbH. The transaction follows the original Share Purchase Agreement signed in December 2024 and raises the subsidiary's holding from 60% to 68%. The acquisition strengthens the company's presence in Germany while expanding its participation in precision aluminium die-casting and CNC machine manufacturing for automotive engine and transmission component production.