Endurance Technologies raises stake in Stöferle to 68% via EOSpA

What Endurance Technologies announced

Endurance Technologies Limited informed the stock exchanges that its wholly‑owned overseas subsidiary, Endurance Overseas SpA (EOSpA), has acquired an additional 8% equity in Stöferle GmbH and Stöferle Automotive GmbH, both based in Germany. The acquisition brings EOSpA’s holding in the two target companies to 68%.

The announcement, filed on 1 July 2026, references a transfer agreement signed on 29 June 2026, which is in line with the Share Purchase Agreement originally executed in December 2024.

Details of the additional stake acquisition

• Date of agreement: 29 June 2026
• Instrument: Transfer agreement for an 8% equity stake
• Resulting ownership: 68% of Stöferle GmbH and Stöferle Automotive GmbH
• Subsidiary involved: Endurance Overseas SpA (Italy), a 100% owned subsidiary of Endurance Technologies
• Regulatory filing: Regulation 30 (LODR) submission to BSE and NSE on 1 July 2026

The filing does not disclose the purchase price, financing method, or any conditions attached to the additional shares.

Background on prior acquisitions

Endurance Technologies first announced its intention to acquire a controlling interest in the two German firms on 12 December 2024, followed by a detailed filing on 2 April 2025 confirming a 60% stake acquisition. Those earlier disclosures outlined the strategic rationale – expanding Endurance’s footprint in the automotive components sector and leveraging Stöferle’s engineering capabilities.

The latest 8% increment is a continuation of that original Share Purchase Agreement, indicating that the parties had pre‑agreed milestones for incremental share purchases.

Key facts at a glance

Why this matters for investors

The increase from 60% to 68% consolidates Endurance’s control over the German entities, potentially simplifying governance and aligning strategic decisions across the group. Because the additional shares were purchased by EOSpA, a wholly‑owned subsidiary, the transaction does not result in immediate dilution of Endurance’s equity capital.

However, the filing does not reveal the financial outlay required for the 8% purchase, leaving investors without visibility on cash utilisation or any impact on the company’s balance sheet. The move also signals that Endurance is adhering to the staged acquisition plan it outlined in its 2024 Share Purchase Agreement, which may be viewed as a commitment to the long‑term integration of Stöferle’s technology platform.

Conclusion

Endurance Technologies, through its subsidiary EOSpA, has completed an 8% incremental acquisition in Stöferle GmbH and Stöferle Automotive GmbH, raising its ownership to 68% as of 29 June 2026. The filing, made on 1 July 2026, provides no financial details, but confirms that the transaction follows the terms of the original Share Purchase Agreement. Investors now have a clearer picture of Endurance’s stake in the German targets, while the financial implications remain undisclosed pending further reporting.