# Endurance buys remaining Stöferle stakes for €18 million

_Published Tuesday, September 29, 2026 at 12:20 PM EDT · Products · Latest · Tier 2 — Notable_

![Endurance Technologies to acquire remaining 32% stake in German Stöferle companies for €18 million - CNBC TV18 — Primary](https://images.cnbctv18.com/uploads/2026/09/hclsoftware-4-2026-09-88b989ac17bc757c3cf3553c4505d763.jpg?im=FitAndFill,width=1200,height=675)

Endurance Technologies acquired the remaining 32% of Germany's Stöferle Automotive GmbH and Stöferle GmbH for €18 million, giving its Italian subsidiary full ownership of both companies. A September 29 amendment brought forward a purchase that had been scheduled in equal tranches through June 2030.

The revised cash price is below the previously agreed €20.13 million. Stöferle Automotive makes machined aluminium castings for vehicles, while Stöferle GmbH also makes computer numerical control machines for its own use. Endurance said the sale is a related-party transaction because the sellers are directors of the Stöferle companies or their relatives.

## Sources

- [CNBCTV18](https://www.cnbctv18.com/business/companies/endurance-technologies-to-acquire-remaining-32-pc-stake-in-german-stoferle-companies-for-euro-18-million-20001216.htm)

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Canonical: https://techandbusiness.org/newswire/Sz-cE3Pe306OcTEcwhI8wD
Published: 2026-09-29T16:20:41.965Z
Story chronology: 2026-09-29T13:54:20.000Z
Retrieved: 2026-09-29T18:46:54.436Z
Publisher: Tech & Business (techandbusiness.org)