Endurance Technologies (through its wholly‑owned subsidiary Endurance Overseas SpA) sealed a €18 million deal for the remaining 32% stake in Stöferle Automotive GmbH and Stöferle GmbH—bringing both entities under full ownership at once. The amendment to the share purchase agreement, filed on Tuesday, cuts the original four‑year, €20.13 million schedule in half, allowing the company to integrate the German partners immediately.
The original December 2024 contract had slated the buyout in equal tranches over four financial years, with the final tranche due by June 2030. By accelerating the purchase, Endurance removes the minority‑shareholder hurdle and can fast‑track restructuring, capital allocation, and joint R&D initiatives without waiting for staggered approvals.
Stöferle Automotive reported a €76.4 million turnover in FY 2026, down slightly from €79.4 million in FY 2024 but up from €72.1 million in 2023. Its sister firm, Stöferle GmbH, earned €16.9 million in the same period, marginally below the €17.1 million recorded in 2024. These figures illustrate steady, modest growth, which Endurance believes can be accelerated through consolidated production and shared technology platforms.
Analysts note that the $18 million outlay—roughly 0.4% of Endurance’s global revenue—does not materially impact short‑term earnings. However, the move is seen as a strategic play to strengthen the company’s European footprint, diversify its component portfolio, and create a more streamlined governance structure that could translate into cost savings and margin expansion.
Looking ahead, Endurance plans to review the integration roadmap in the next quarterly report and will likely publish updated guidance in the coming months. Investors will be watching for signs of capital deployment efficiency and the potential ripple effect on the company’s broader automotive supply chain.