Endurance Technologies540153Auto components, aluminum
Endurance Technologies completed acquisition of the remaining 32% stake in Stoelzle ahead of schedule
- Cash consideration for remaining stake
- 18 million euros
- Combined revenue last year
- 90 million euros
- Stake acquired
- 32 percent
Heard on Live TV News Channel between 08:58:29 - 08:59:44 IST.
- Endurance completed acquisition of the balance 32% stake in Stoelzle, having already held 68%
- Deal was completed well before the 4-year timeline originally set
- Paid a cash consideration of almost €18 million for the remaining stake
- Combined entities have done roughly €90 million in revenues in the last year
- Company is largely into aluminum die castings; deal gives Endurance a bigger share in Europe
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Endurance completed acquisition of remaining 32% stake in an overseas subsidiary, making it 100% owned
30 Sep 2026
Source: Live TV News Channel · 30 Sep 2026
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